Thursday, May 10, 2012

Indian Stock Market Trend & Tips for Today, 10th May 2012

Indian Stock Market Trend for Today : The Indian Stock Market opens with a positive note. The BSE Sensex and Nifty rebound in todays starting trading session after witnessing major fall in previous 3 sessions. Infosys, Reliance Industries, Kotak Mahindra Bank, Hero Motocorp, IDFC supported the Indian Stock Market. The Sensex was up 153.39 points to 16,633 and Nifty went up 49.45 to 5,024.25. Expect Rupee to consilidate at current levels of 53-54/USD
Indian Stock Market Tips for Today, 10th May 2012
-Sell McDowells at Stop Loss of 665 and Target of 625.
-Buy BPCL with Stop Loss of 690 and Target of 725.
-Buy SBI with Intraday Target of 2150 with Stop Loss of 1900.
-Sell Educomp Solutions with Intraday Target of 162 and Stop Loss of 173.25.
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