Tuesday, August 9, 2011

Intraday Trend and strategy For Today

INTRADAY TIPS FOR Today10 AUGUST:-
Due to weak Global cues both stock market indices are trending at red note.short covering on intraday basis was the major reason behind recovery in today's trade as the market was oversold after substantial fall of 1456 points on the Sensex in five days.

Sell ITC Ltd.On Intraday Basis:-
The Current market price of ITC Ltd.199.75 with the target of 197.76-197 with the stop loss of 203.55.

Sell Tata Motors Ltd. On Intraday Basis:-
The current market price Tata Motors Ltd.of 794.05 with the target of 787-785 with the stop loss of 805.