Thursday, June 21, 2012

Intraday Stock Market Tips & Trend For Today

Stock Market Trend : The Stock Market opened flat today on Thursday morning following weak global market cues. Sensex trading at 16870 down 26 points and Nifty trading at 5111 down 9 points from the previous close. CNX Midcap index is 0.2% down and BSE Smallcap index is up from 0.02%.
The Indian rupee depreciated 25 paise aginst the US dollar to 56.40. Ambuja cements, ACC, Axis Bank, ICICI Bank were down in opening trading session however BHEL gained after reports that government is likely to impost a 21% duty on imported power equipment. HCL Tech, ITC, Maruti Suzuki were trading marginally higher.
Intraday Stock Tips For Today -
- Jindal Steel buy call above 440 and stop loss below 435 and target between 445-459.
- TCS Sell call below 1250 and stop loss above 1265 and target between 1235-1225.
- Sell ACC below 1250 and target between 1225-1220.
- Buy HCL Technologies at 480 with target of 495 and stop loss of 477 in around 2-3
- Buy ICICI bank with intraday target of 837.