Thursday, May 24, 2012

Indian Stock Market Trend & Tips For Today

Indian Stock Market Trend : Indian Stock Market expect to remain rangebound today. The Nifty ended negatively on Wednesday's trading session holding to it psychological level of 4800 despite weaker global market cues and falling rupee. Traders are expecting markets to bounce back from current levels and rupee to rise against dollar. Experts says that weakness in rupee is overdone and ruppe is going to find base against dollar in next 2-3 months.
Nifty is expected to rise till 4879 with support around 4800. Key support levels in immediate run will be around 4800 and resistance at 4879.
Indian Stock Market Tips For Today :
-Buy BPCL, Target of 770 and Stop Loss of 710.
-Buy Tata Cofee at 850, Target 875-880-900.
-Buy HPCL, Target of 325 and Stop Loss of 302.
-Sell Maruti Suzuki, Target of 1080 and Stop Loss of 1170.
-Buy Yes Bank at 324 with Stop Loss of 318, Target of 330-336-340.
-Sell SBI below 1934, Stop Loss of 1940 and Target of 1900-1860.
 Click here for more Tips.

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