Friday, May 11, 2012
Stock Market Trend & Tips For Today, 11th May 2012
Stock Market Trend : The Indian Stock Market opened 0.5% lower on today's trading day. The Sensex was down 33.54 points at 16,386.51 and Nifty declined 14 points to 4,951.65. CNX Midcap is down from 0.6% and BSE Smallcap index is down from 0.3%. IDFC, Maruti Suzuki, Axis Bank, Ambuja Cements, Cairn and ONGC were the stocks which were under pressure in early trading. BPCL, BHEL and DLF gave support to the market. The market is negative with adavances at 183 against declines of 282 on NSE.
Stock Tips For Today -
L&T BUY call with Intraday Target of 1167 and Stop Loss of 1137.
Axis Bank BUY call with Intraday Target of 999 and Stop Loss of 970.
ITC SELL call with target of 220 and Stop Loss of 251.60.
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Nifty Technical Levels For Today -
PP 4988, S1 4931, S2 4888, S3 4831, R1 5031, R2 5088, R3 5131.