Thursday, May 17, 2012

Intraday Indian Stock Tips For Tomorrow

Today Indian Stock Market closed with a flat note and the indices shed all the morning gains in the afternoon. FMCG, realty and metal outperformed all other sectors and closed with substantial gains while capital goods, consumer durables and auto lost significantly. The Sensex closed at 16070, up 40 points from its previous close, and the Nifty shut shop at 4870, up 12 points. The CNX Midcap index was down 0.2% while the BSE Smallcap index gained 0.1% in today's trade. The market breadth was positive with advances at 720 against declines of 699 on the NSE.
Top Nifty Gainers
Ambuja Cements, SAIL, ITC and JP Associates
Top Nifty Losers
Reliance Infra, L&T, M&M and Bajaj Auto
Intraday Indian Stock Tips for Tomorrow
-JP Associates BUY call above 62.30 stop loss below 60 and Target of 64.50-66.
-Tata Power SELL call below 92 stop loss above 93.50 and Target of 90.50-88.
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