|Fuel Price Hike|
Friday, September 14, 2012
Nifty May Get Hike Today |Stock Tips Today
Nifty Strategy For Today :- Nifty may get high note opening due to fuel price hike and subsidy cut,that will led the market at positive teritary.The pleasant surprise from UPA II comes just when the markets were starting to lose hope of any meaningful reforms.The Nifty could take a shot at its 52 week high of 5630 in the near term, provided global cues are supportive and FII inflows remain positive. We expect the broader markets also to continue participation in the ongoing rally.Nifty is expected to open higher and may even hit its crucial psychological level of 5,500 on Friday tracking positive global cues after US central bank initiated another aggressive stimulus program to stimulate growth in the world's largest economy.
Stock Tips Today :- Buy SYMPHONY above 416 for target of 425 with stop loss of 404.
Sell BHARAT FORGE below 280 for target 277 with stop loss of 285.
Buy INDRAPRASTHA GAS above 259 for target of 265 with stop loss of 252.
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