Wednesday, October 03, 2012
Intraday Stock Tips for Today
The Indian Stock market shows positive sentiment in today's opening trading session. Marginal buying in Pharma, Oil & Gas, Power Stocks. INTRADAY TIPS. The Sensex was up 50.48 points and Nifty ws up from 18.10 points at 5736.90. Today's Top Nifty gainers were Ambuja Cements, HCL Tech, Cipla, Wipro and HDFC and Jindal Steel, Tata Motors, Hero Motocorp, ITC and Bank of Baroda were top nifty losers today.
Nifty is likely to trade in range of 5720 and 5810, Expert says. Traders can go for long positions if Nifty takes support at around 5733 levels for target of 5770 and 5795 and can go for short positions if resists around 5810 levels. Bank Nifty is likely to trade in range of 10450 and 11750.
Buy at BPCL Oct Fut at a target of 368 and stop loss of 345.50.
Buy Adani Oct Fut with stop loss of 197 and target of 208.
Buy Adani Power with stop loss of 197 and target of 208.
Buy IVRCL with stop loss of 47.74 and target of 52
Buy BPCL with stop loss of 345.5 and target of 368.
Buy Rel Infra at 556 with stop loss of 545 and target of 596.
Sell Reliance at 838 with stop loss of 845 and target of 825.
PP – 57445, S1 – 5731, R1 – 5772, S2 – 5704, R2 – 5786