Thursday, May 03, 2012

Indian Stock Market Tips For Today, 03rd May 2012

Indian Stock Market opened with a negative note this morning. Weak economic data from US and Eurozone puts down investor sentiments today which results in pushing major indices across the globe in red. Sensex trading at 17208 points down 93 points from the previous close and Nifty is trading at 5208 trading down 30 points from previous close.
CNX Midcap index is 0.3% and BSE Smallcapindex is up from 0.1%. The market breadth is negative with advances at 259 against declines of 378 on NSE. Top Nifty gainers were BHEL, Cipla, Wipro and HUL while HeroMotocorp, Bajaj Auto and Simens were the top losers.
Indian Stock Market Tips for Today
-Cipla Ltd. BUY call with Intraday Target of 325 and Stop Loss of 320.
-Titan Industries Ltd. SELL call with Intraday Target of 241 and Stop Loss of 252.
-SREI Infra BUY call at 25.5 with Stop Loss of 23.8 and Target of 32-3.
-Jet Airways SELL call with target of 320-318 and Stop Loss of 335.
-DLF Ltd. BUY call with Intraday Target of 197 and Stop Loss of 188.
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