Monday, June 11, 2012
Indian Market Trend & Tips For Today, 11th June 2012
Indian Market Trend : The Indian market opened with a positive note with good signs from euro development. The Sensex and Nifty opened 1% higher today on Monday. The Sensex opened at 16,833.06 and Nifty opened at 5,121.65. CNX Midcap was up 68 points to 7,102. Banks, metals, power, auto and capital goods stocks were quite supportive. The market breadth too was strong - About four shares advanced for every share falling on the National Stock Exchange. Asian markets like Straits Times, Kospi and Taiwan Weighted were up 1.5%. Hang Seng rose 2% and Nikkei was up 1.8%. Shanghai too bounced back with moderate gains.
Indian Market Tips For Today :
-Gail Buy call above 334.50 and Stop Loss below 329 and Target between 341-345.
-Cairn Sell call below 254 with stop loss above 257.25 and target between 250-247.
-DLF Sell call with stop loss of 201 and target of 194.
-Union Bank of Indian Buy call with stop loss of 208 and target of 217.5.
-HDIL buy call with stop loss of 68 and target of 80.
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