Tuesday, May 22, 2012
Stock Market Trend & Tips For Tommorow, 23rd May 2012
Stock Market Trend : Stock Market ended with negative note which was opened with positive note and market was trading well in morning sessoin but turned nervous and losses grip due to weakness in rupee. Markets slips down and Nifty goes down below 4900. Sensex closed at 16026 down 156 points and Nifty at 4860 down 45 points from previous close. CNX Midcap index was down with 0.7% and BSE Smallcap index ws also down from 0.7%.
The market breadth goes negative with adavances at 508 against declines of 891 on the NSE. SBI Contributed 21.18 points in the fall of sensex and was followed by HDFC bank with 18.75 points, ITC with 17.44 points, L&T with 16.45 points and ICICI with 13.47 points.
Top Nifty Gainers
TCS, HCL, Tata Motors
Top Nifty Losers
Sesa Goa, Tata Power, Maruti Suzuki
Stock Market Tips For Tommorow
-BHEL buy call above 209 with Stop Loss below 206 and Target of 212-215.
-Ster sell call below 95 with stop loss above 98 and Target of 92-90.
For more Stock Market Tips For Tommorow Click here