Monday, May 07, 2012

Indian Stock Market Tips for Tommorow, 08th May 2012

Today Indian Stock Market closed with significant gains as finance minister's statement above deferring GAAR provisions provided a boost to the market and bot indices closed in significant gains. Among the best performers were Capital goods, consumer durables, power and metals in todays trading session while FMCG, oil & gas remained the biggest laggards.
The Sensex closed at 16913 up 82 points from the provilus close and the Nifty closed at 5114 up 27 points from the previous close. The CNX Midcap index was up from 0.3% while CNX Midcap index was up from 0.3%. The Market breadth was positive with advances at 734 against declines of 681 on the Nse.
Top Nifty Gainers
BHEL, BPCL, L&T, DLF
Top Nifty Losers
Cairn India, JP Associates, HCL Tech and Dr. Reddy's.
Indian Stock Market Tips For Tommorow :
-DLF Buy call above 190.70 with Stop Loss below 188 and Target of 193.50-196.
-Cairn SELL call below 320 and Stop Loss above 324 and Target of 316-310.
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