Stock
Market Trend
: The Indian Stock Market opens with a weaker note following weak
European cues. The US markets ended in lower. Sensex is trading at
16460 down 85 points from its previous close and Nifty is at 4970
down 29 points from previous close.
The
CNX Midcap index slipped at 7,099 down 33 points while BSE Smallcap
index is down from 0.03%. NSE Benchmark declined 22.65 points to
4977.30. The market breadth is negative with advances at 155 against
declines of 356 on NSE. Among Top gainers were DLF, SBI, Axis Bank,
Bank of Baroda, Hero Motocorp and ONGC.
Stock
Market Tips for Today, 09th
May 2012
-Syndicate
Bank
SELL call with Target of 82 and Stop Loss of 95.
-Educomp
SELL call with Target of 156 and Stop Loss of 172.
-United
Phos SELL call with Target of 105.00 and Stop Loss of 118.00.
-Canara
Bank
SELL call with Intraday target of 405 with Stop Loss of 437.
-TTK
Presitige Ltd.
BUY call with Intraday target of 3210 with Stop Loss of 3050.
-Axis
Bank
SELL call with Intraday target of 965 and Stop Loss of 978.
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