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Monday, July 16, 2012

Market Trend, Nifty Tips, Stock Tips For Today-16 July 12

Today this morning the Indian market opened for trade on a flat-to-positive note. Sensex was trading at 17279, up 65 points from its previous close, and Nifty was at 5244, up 17 points. After a gap-up start, now market is trading on a  negative bias. Now Nifty is trading at Rs 5,216.35, down 0.25% from its previous closing and Sensex is down by 0.19%, trading at Rs 17,178.22.

Hot Stocks For Today:  Power Grid, Nalco, Coal India, Nalco, Nitco, UltraTech Cement, Kingfisher, MAhindra & Mahindra, Tata Motors, Castrol, Power Grid, Aurobindo pharma.

Nifty Resistance and Support levels For Today:-
R1- 5254, R2-5258
S1- 5200, S2-5195
Nifty Trading Tips:- 
Sell Nifty at 5270 with a two-day target of 4900-4850 and stop loss of 5348

Intraday Stock Tips and Stock Tips For Today

Reliance Capital Ltd- Sell Reliance, target-355, Stoploss-367

LIC Housing Finance Ltd- SELL LIC Housing Finance, Target-255, SL-270 

Jindal Steel Ltd - SELL Jindal Steel, Target-415, Stoploss-445

Petronet LNG Ltd- BUY Petronet, Target-149, SL- 145

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