Tuesday, May 22, 2012
Indian Stock Market Trend & Tips For Today, 22nd May 2012
Indian Stock Market Trend : The Indian Stock Market opens with positive note this morning, earlier US markets ended higher with Dow up with 135 points and Nasdaq up with 68 odd points. Sensex trading at 16316 up 132 points and Nifty trading at 4946 up 40 points from previous close. CNX Midcap index is up from 0.8% while BSE Smallcap index is up from 0.6%.
HDFC contributed with 13.26 points in the rise of the Sensex and was followed by Reliance with 10.73 points and ICICI Bank with 10.61 points, L& T with 10.36 points and HDFC with 9.43 points.
Indian Stock Market Tips For Today
- BHEL buy call above 208 with stop loss below 205 with target of 211-215.
- Wipro sell call below 380 with stop loss above 385 and Target of 375-368.
- Indian Cement sell call with stop loss of 78 and target of 71.
- Nestle India Ltd. Buy call with Intraday target of 4720 with stop loss of 4690.
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