Stock Market Trend & Tips for Today, 09th May 2012

Stock Market Trend : The Indian Stock Market opens with a weaker note following weak European cues. The US markets ended in lower. Sensex is trading at 16460 down 85 points from its previous close and Nifty is at 4970 down 29 points from previous close.

The CNX Midcap index slipped at 7,099 down 33 points while BSE Smallcap index is down from 0.03%. NSE Benchmark declined 22.65 points to 4977.30. The market breadth is negative with advances at 155 against declines of 356 on NSE. Among Top gainers were DLF, SBI, Axis Bank, Bank of Baroda, Hero Motocorp and ONGC.

Stock Market Tips for Today, 09^th May 2012

-Syndicate Bank SELL call with Target of 82 and Stop Loss of 95.

-Educomp SELL call with Target of 156 and Stop Loss of 172.

-United Phos SELL call with Target of 105.00 and Stop Loss of 118.00.

-Canara Bank SELL call with Intraday target of 405 with Stop Loss of 437.

-TTK Presitige Ltd. BUY call with Intraday target of 3210 with Stop Loss of 3050.

-Axis Bank SELL call with Intraday target of 965 and Stop Loss of 978.

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Share Market Tips for Today | Nifty Techncial Levels for Today

Intraday Share Market Tips for Today

-BUY Bharti Airtel Ltd. Intraday Target 370 Stop Loss 350.

-BUY Jindal Steel & Power Ltd. Intraday Target 666 Stop Loss 602.

-BUY PTC with a target of Rs 70 and stop loss of Rs 56.

The Indian market opens for trade this morning on a negative note on the back of soft global cues. Earlier, the US markets ended lower with the Dow down 97 odd points while Asia is in the red at this hour. Sensex is trading at 18160, down 41 points from its previous close, and Nifty is at 5511, down 20 points. CNX Midcap index is up 0.01% andBSE Smallcap index is up 0.3%. The market breadth is positive with advances at 327 against declines of 277 on the NSE.

Nifty Technical Levels for Today

PP - 5529, S1 - 5494 R1 - 5583, S2 - 5440 R2 - 5618, S3 - 5405 R3 – 5672

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Free Intraday Stock Tips for Today | Nifty Support & Resistance

Free Intraday Stock Tips for Today

-SELL IDBI Bank Ltd. Intraday Target 100 Stop Loss 110.

-BUY Dena Bank Intraday Target 85 Stop Loss 76.

-BUY K S Oils Ltd. Intraday Target 8.25 Stop Loss 7.5. MORE TIPS >>

-BUY Manappuram Finance Ltd. Intraday Target 60 Stop Loss 45.

The Indian market opens for trade this morning on a flat note but with a positive bias. Earlier, the US markets ended flat with a negative bias with the Dow down 17 and Nasdaq down 3 odd points while Asia is mixed at this hour. Sensex is trading at 17750, up 43 points from its previous close, and Nifty is at 5372, up 11 points. CNX Midcap index is up 0.4% and BSE Smallcap index is also up 0.4%. The market breadth is positive with advances at 483 against declines of 99 on the NSE.

Today's Nifty Technical Levels

S1 - 5334 R1 - 5399, S2 - 5301 R2 - 5431, S3 - 5269 R3 - 5463

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