Thursday, August 16, 2012

Indian Share Market Trend For Today

The Indian Share market opened today with a flat note with earlier US markets ended in mixed note. Sensex trading at 17723 down 4 points from the previous close and Nifty is at 5380 down 1 points from the previous close. CNX Midcap index up from 0.1% and BSE Smallcap index is up from 0.3%. Experts believes that for today's trading session Nifty is taking support at 5340 and 5310 levels and resistance at 5455 and 5485 levels and for Bank Nifty taking support at 10410 and resistance at 10735.

Tips For Today -
-Buy Axis Bank with Intraday target of 1130 and stop loss of 1100.
-Buy Suzlon Energy Ltd. with Intraday target of 22 and stop loss of 17.
-Bajaj Auto Sell call with Intraday target of 1600 and stop loss of 1727.
-HeroMotoCorp Buy call with intraday target of 1980 and stop loss of 1844.
-Nifty Futures Buy call with target of 5450 and stop loss of 5350.