Wednesday, September 26, 2012
Intraday Stock Tips for Today, 26th September
Today Indian Stock Market opened in a consolidation mode ahead of expiry tomorrow. The Sensex slipped 70 points to 18524 and Nifty down 23 points to 5650.80. INTRADAY TIPS. Indian Stock market are not getting any major correction due to consistent flow of foreign money. ICICI Bank, L&T, Tata Motors, ONGC, Bharti Airtel, Infosys, Axis Bank and SBI were under pressure on opening trading session.
Experts believes that Nifty may reach target of 5755 in near term and this level will act as a major resistance of Nifty however before that 5,704 is the expected resistance and if nifty break this level then next possible level is at 5,755. If Nifty reaches above that level then next resistance level will be 5791 and after that it may find major resistance at 5828. In Downward 5651 is the first support for Nifty and if it break this support level then Nifty may find strong support at 5527.
This week Infosys, Gail, Dish TV shares are looking good on charts.
Infosys yesterday closed at 2,596.50 and now its next target will be 2645 and stop loss will be 2543.
Gail closed at 383.50 yesterday and its next target will be 391 and stop loss will be 374.
Dish TV closed at 77.90 yesterday and now its next target will be 81 with stop loss of 74.
Buy NTPC at 165 with stop loss of 162 and target of 171
Sell Pantaloon at 206 with stop loss of 209 and target of 193
Buy Ranbaxy at 530 with stop loss of 522 and target of 550.
Buy Wipro at 377 with stop loss of 372 and target of 410.
Buy IDBI Bank at 98 with stop loss of 95 and target of 108.