Friday, September 21, 2012

Intraday Stock Tips for Monday, 24th September 2012

Today Indian Stock markets ended with bang with equity benchmarks hit their highest levels in more than 14 months. Markets today witnessed biggest single day rally. Sensex and Nifty both traded above 12 months high. The market sentiments were boosted due to widespread political conflict going in Indian politics. INTRADAY TIPS.
The Sensex climbed 403.58 points and closed at 18,752.83 and Nifty hit a high of 5,720 before closing at 5691.15 up 136.90 points above from the previous close. The BSE Midcap and Small caps underperformed their largest counterparts gaining 1.61% and 1.46% respectively.
Among the Major gainers today ICICI bank contributed rise of 58.09 points and was followed by HDFC bank with 41.79 points, L&T with 40.76 points and Reliance Industries with 38.2 points among the Major Losers were TCS which contributed 13.66 points in Sensex and was followed by Infosys with 12.29 points and Sun Pharma with 0.33 points, ACC with 2.2 points and DLF with 2.41 points.

Intraday Tips for Monday 24th September 2012

-Buy Indiabulls Real estate with short term target of 72 and stop loss of 52.
-Buy Sterlite Industries with short term target of 116 and stop loss of 99.
-Buy Exide Industries with Med term target of 170 and stop loss of 140.

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