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Tuesday, August 21, 2012

Nifty Tips, Intraday Trading Tips For Tomorrow-22 August 12

Today the Indian market closed a positive of trade at the high point of the day following a rally in the last hour on firm global cues. The Nifty managed to cross 5400 level for the first time since March 16.It was a good day of trade on Dalal Street as the Nifty managed to cross its resistance of 5400 and give a closing above it, for the first time since March 16. Banks, IT, cements and power stocks saw strong buying interest. Sensex shut shop at 17885, up 194 points and Nifty at 5421, up 54 points from the previous close. CNX Midcap index was up 0.3% and BSE Smallcap  index was up 0.5%.

Today's top Nifty gainers were Sterlite Industries, DLF and Sesa Goa and losers were Bharti Airtel, Cairn India and PNB

Intraday Trading Tips For Tomorrow

Buy HUL on dips to Rs 465-470 for 15-20% gains in 12-24 months
Buy KPIT Cummins on dips to Rs 130
Sell NTPC with a target of Rs 135 odd in the short to medium-term
Buy Dr Reddy's August Futures with a 4-5 day target of Rs 1720 and stop loss of Rs 1630
Buy Reliance Capital August Futures with a 4-5 day target of Rs 390 and stop loss of Rs 350
Buy Crompton Greaves with a 6-8 month target of Rs 160-180 and stop loss of Rs 100

Bullish Intraday Stocks For 22 August 12


DCHL IDFC PARSVNATH STERLINBIO SURYAPHARM RELCAPITAL RAYMOND KGL UFLEX GVKPIL HINDALCO BFUTILITIE DLF ICICIBANK JSWSTEEL GSPL MAX ADANIENT HEROMOTOCO SYNDIBANK AMBUJACEM SESAGOA M&M LICHSGFIN FINANTECH SAIL SBIN




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