Indian Market Trend and Tips For Tomorrow

Indian Market Trend : It was another dull day for Indian Stock Market as the market closed with moderate gains. The Sensex closed at 16,906 up 24.4 points and Nifty closed at 5121 points up 6 points from the previous close. The CNX Midcap index was up from 0.6% while BSE Smallcap index gained 0.02% in today's trading sessions. Today Oil and Gas were the best performers followed by power. Among the Top Nifty gainers were Gail, Grasim, Tata Power and Power Grid while the Biggest Losers were Sail, HUL, Sesa Goa and Sterlite Industries.

Traders were making more expectations from the government as our economic growth is slowing as the curreny market is also showing the slow growth. The steps taken by the government were not enough for the markets health so the experts believes that in next two or three quarters markets will continue to be challenging.

Indian Market Tips For Tomorrow

-Sell Piramal Healthcare with short term target of 501.

-Sell Hindustan Zinc Ltd. With short term target of 109 and stop loss of 121.

-Buy M&M with short term target of 711 and stop loss of 645.

Click here for more Tips

Indian Market Trend & Tips For Today, 11th June 2012

Indian Market Trend : The Indian market opened with a positive note with good signs from euro development. The Sensex and Nifty opened 1% higher today on Monday. The Sensex opened at 16,833.06 and Nifty opened at 5,121.65. CNX Midcap was up 68 points to 7,102. Banks, metals, power, auto and capital goods stocks were quite supportive. The market breadth too was strong - About four shares advanced for every share falling on the National Stock Exchange. Asian markets like Straits Times, Kospi and Taiwan Weighted were up 1.5%. Hang Seng rose 2% and Nikkei was up 1.8%. Shanghai too bounced back with moderate gains.

Indian Market Tips For Today :

-Gail Buy call above 334.50 and Stop Loss below 329 and Target between 341-345.

-Cairn Sell call below 254 with stop loss above 257.25 and target between 250-247.

-DLF Sell call with stop loss of 201 and target of 194.

-Union Bank of Indian Buy call with stop loss of 208 and target of 217.5.

-HDIL buy call with stop loss of 68 and target of 80.

 Click here for more Tips