Thursday, November 8, 2012
Nifty Trend With Intraday NSE Tips Today
Nifty Trend Today :- Nifty index is expected to open lower on Thursday tracking weak Asian markets after investors shifted their focus on US fiscal cliff from Obama's victory, while investors will keep a close eye on Tata Motors. Nifty will have supports in the immediate run will be around 5,723 and resistance will be at 5,790.
Intraday Stocsk To watch :- Telecom shares will be in focus as the Cabinet is likely to consider today levying one-time fee of around Rs 31,000 crore for the spectrum that incumbent telecom companies hold.
ONGC will be watched ahead of its quarterly results. The company is expected to report a 35 per cent drop in its net profit for the quarter ended September 30 to Rs 5600 crore as compared to Rs 8642 crore reported in the year-ago period, according to ET Now estimates.
Gujarat Alkalies and Chemicals Limited ( GACL), after the company reported 78.18 per cent rise in its net profit to Rs 66.01 crore in the second quarter of the fiscal 2012-13 compared to Rs 37.06 crore in Q2 of previous fiscal, said a company statement.
Jubilant FoodWork after the company reported a 36.63 per cent rise in its net profit to Rs 32.34 crore for the quarter ended September 30, 2012 on the back of robust sales. Intraday
Nse Tips Today :- Buy CENTURY TEXTILES above 387 for target of 390 with stop loss of 381.
Buy RUSHIL DECOR above 290 for target of 295 with stop loss of 282.
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