Wednesday, April 11, 2012

Stock Tips Today and Market Updates

Nifty and Stock Market Updates Today:-Intraday stock market has the weak setiments for today's trading session.weak Asian markets as global economic growth prospects seems clouded by growing worries about debt restructuring in the euro zone.Today market is expecting a gap down opening as having weak global sentiments.
Nifty Tips and updates:- If Nifty breaches 5268 and stays above at least 5256 with good volume then NIFTY trend is becoming 'STRONG' and may see 5280 and 5300. If Nifty breaches 5219 and stays below 5232 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 5202 and 5180.
Intraday Stock tips For today:-Short Ashokley at 29.80 with the target 27.60 SL 30.90.
Short Bharti Airtel below 326 with the stop loss of 331 and target of 318-311.
Buy JM Financial at 15.7 with the Target of - 17 and stop loss of- 15.4
Buy Timen  at 236 Target - 248 with the stop loss of - 233
Buy Talwalkars  above 175 with the target of 180 with the stop loss of 171.
Buy Godrej industries above 282.50 with the target of 288 with the stop loss of 274.
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Volatility Will Sustain In The market:-Volatility could be further attributed to the upcoming Infosys results due on Friday, IIP numbers tomorrow and inflations numbers due later this week. There is strong possibility of stock specific action increasing as the result season starts...Read More