Wednesday, May 23, 2012

Stock Market Trend And Tips For 23rd May 2012

Stock Market Trend : The Indian Stock Market opened lower. BSE Sensex and NSE Nifty opened lower following Greece concerns and fall in rupee. Rupee hits 55.75 dollars. Both indices opened 0.4% lower in todays opening trading session. Sensex trading at 15957 and Nifty is at 4839 down 21 points from previous close. CNX Midcap index is down with 0.4% and BSE Smallcap index is down with 0.1%. Market is trading negative with advances at 188 against declines of 492 on the NSE.
Stock Market Tips For Today :
-Jet Airways Sell call between 306-308 with target of 285 and stop loss of 316.
-Pantaloon Retail (India) Ltd. Buy call with intraday target of 140 and stop loss of 134.
-Apollo Tyres Sell call with target of 75 and stop loss of 85.
 For more tips Click here
Nifty Technical Levels For Today
PP 4872, S1 4803, S2 4761, S3 4693, R1 4913, R2 4981, R3 5023.

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