Friday, August 24, 2012

Intraday Stock Tips For Today, 24th August

Today Indian Stock Market opened with a weaker note with NSE Nifty opened below 5400 level due to weak global cues. Intraday Tips. BSE benchmark Sensex also declined to 17,798.84 and NSE Benchmark at 5,392.25. The CNX Midcap Index was down 16 points to 7,233. Reliance Industries, Infosys, JP Associates, Reliance Infrastructure, Tata Motors, Sterlite, Tata Steel, Axis Bank were under pressure. Infosys contributed fall of 12.98 points in BSE benchmark and was followed by Reliance Industries and L&T. Among the major Gainers in Sensex were Bharti Airtel, coal India, Maruti Suzuki, Jindal Steel & Power.
Intraday Tips For Today -
Buy JSW Steel at 708 with stop loss of 690 and target of 780.
Buy Educomp at 162 with stop loss of 155 and target of 180.
Sell Infosys at 2450 with stop loss of 2460 and target of 2400.
Buy Delta Corp at 62 with stop loss of 59 and target 70.
Buy Ranbaxy at 541 with stop loss of 535 with target of 550.
Nifty Levels For Today-
PP – 5431, S1 – 5398, S2 – 5370
R1 – 5459, R2 – 5492.