Indian Stock Market Trend & Tips For Today, 18th July 2012

Stock Market Trend : The Indian stock market opened flat todays morning. The Sensex opened aorund 9 points lower ar 17097 levels while Nifty opened 5 points down at 5186. Auto Stocks showed weak signals in opening trade with Hero MotoCorp down with 1.2 percent, Tata Motors fell half percent. CNX Midcap index was down 0.1 and BSE Smallcap index is up from 0.2%. The market breadth was negative with advances at 286 against declines of 352 on NSE.  

Stock Market Tips For Today :

-Sell Reliance power at 105 with target of 101 and stop loss of 107.50.

-Sell Pantaloon at 175 with target of 168 and stop loss of 179.

-Sell Reliance Capital at 347 with target of 330 andstop loss of 354.

-Today Nifty can see support near 5150 and 5120. On upper side 5240 and 5280 there
  is a good resistance level for Nifty.

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Indian Stock Market Trend and Tips for Today - 03rd April 2012

Stock Market Trend : The Indian Stock market opens with a firm note this morning. The BSE Sensex was 17,580 up 102 points from the previous close and earlier had touched high of 17,625 and low of 17,576. It opened at 17,576. NSE Nifty ws 5,356 up 38 points from previous close and earlier touched a day's high of 5,361 and day low of 5,344. Nifty opened at 5,356. The BSE Small-Cap and BSE Mid cap index was trading up by 1%.

Metals, Consumer Durables, Power Realty, FMCG indices are the gainers while RIL, Infosys, Ranbaxy, Sun Pharma, NTPC, Sterlite were among the top gainers in Sensex and Nifty today. The market breadth is positive with advances at 500 points against declines of 81 on the NSE.

The US markets ended in green with Dow up 52 odd points. European markets closed higher while Asian markets remained unchanged.

Stock Tips for Today

- SBI BUY call above 2116, Stop loss of 2100 and Target 2155-2170.

- ICICI Bank BUY call at 890, Stop loss of 880 and Target 920-930.

- Adani Enterprises BUY call at 309, Stop loss of 300 and Target 313-326-330.

- Jindal Steel & Power Ltd. Intraday Target of 540 and Stop Loss of 555.

- State Bank of India BUY call with Intraday Target of 2180 and Stop loss of 2120.

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