Wednesday, May 09, 2012
Stock Market Trend & Tips for Today, 09th May 2012
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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