Wednesday, June 06, 2012
Indian Stock Market Tips For Tomorrow
The Indian Stock Market gave green signal with all sectorial indices closed upwards. Sectors like Auto, Capital goods, power and banking were the top gainers in today's trading session. The Sensex shuts up at 16454 up 434 points from its previous close and Nifty closed at 4997 up 134 points from previous close. CNX Midcap index was up from 2.1% while BSE Smallcap index was up 1.5% in today's trading session. Overall the market breadth was positvie with advances at 1146 against declines of 307 on the NSE.
Top Nifty Gainers
Tata Motors, Hero Motocorp, Jindal Steel, Reliance Infra
Top Nifty Losers
Cipla, BPCL, Dr. Reddy's
Stock Tips For Tommorow
-Lupin Buy call above 554.40 with stop loss below 548 and Target of 562-565.
-Grasim Sell call below 2318 with stop loss above 2337 and Target of 2290-2274.
-Buy Essar Oil with short term target of 60.
-Sell Arvind Ltd. With short term target of 65 and stop loss of 79.