Wednesday, August 22, 2012

Stock Market Outlook~ Tips and Trend 23 august

Stock Market Outlook :- Stock market had the consolidate trading session today both market had the lower end trading session at red note trading.stock market likely to witness some profit-booking at these levels or may consolidate in zone 5300-5450. On the positive side, Nifty has closed above 5400 level for second consecutive session, thus continuing the positive trend.for the upcoming session global markets may affect the further trend. 5435 level shall be decisive on the upside and 5390 level on the downside. If Nifty crosses above 5435 level, likely target on the upsides are 5480-5550. 
Intraday tips for tomorrow :- BUY Tribhovandas Bhimji Zaveri Ltd. Short Term Target 118 Stop Loss 105. BUY Mahanagar Telephone Nigam Ltd.Intraday Target 36 Stop Loss 34.5.
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Short and med term stock tips:- BUY Tata Steel Ltd. For Short Term Target 415 with Stop Loss 388.
BUY Subex Ltd. For Med Term Target 21 with Stop Loss 12.