Friday, October 05, 2012
Free Intraday Stock Tips for Today
Today Indian Stock market opened for higher in today's starting trading session but soon market erased early gains due to profit booking. INTRADAY TIPS. The Sensex fell 44.65 points to 19,013.50 and NSE benchmark declined 15 points to 5,772.55.
The rupee rose by 0.58 percent to 51.44 against US dollar. Yesterday Indian Government allowed FDI upto 49 percent in insurance. The shares which gained in early trade were M&M, L&T, Bajaj Auto, Coal India, ONGC and Tata Power while Infosys, Sun Pharma, Bharti and SBI were under pressure.
Experts believes that upto Diwali Nifty can levels closer to 6000. The announcement of reforms by the government on Thursday evening and clearance of 21 big tickets will boost sentiments and move markets ahead.
-Buy Tata Motors at 285 with stop loss of 280 and target of 292.
-Sell Lupin at 590 with stop loss of 592 and target of 560.
-Buy M&M at 861, Stop loss of 853 and target 868.
-Buy PVR at 203 with stop loss of 199 and target of 212.