Wednesday, July 18, 2012
Nifty Market Trend and Intraday Tips
Nifty market trend today :- Index is expected to open soft on Wednesday tracking mixed Asian markets while investors will keep a close eye onBajaj Auto Ltd ahead of its quarterly results. Nifty is now expected to head lower till 5166 with resistance around 5222 in the short term. A key support in the immediate run would be around 5166.
Intraday Tips For Today :- McLeod Russel India Ltd is a 'BUY' call with a target of Rs 332 and a stop loss of Rs 314 .
Reliance Infrastructure India Ltd is a 'SELL' call with a target of Rs 495 and a stop loss of Rs 530.
Adani Power Ltd is a 'SELL' call with a target of Rs 42 and a stop loss of Rs 48.
HPCL is a 'BUY' call with a target of Rs 365 and a stop loss of Rs 340.