After a rangebound and lackluster week the market closed absolutely flat with some cuts seen in the midcap index. Action was more stock specific though the IT pack saw some good gains. Global cues were flat, too. This week's performance was average and the numbers are: Sensex up 2.2% and Nifty up 2.1%. CNX Midcap index was down 0.04%, BSE Smallcap index up 0.1% over the week. It was a subdued close to a dull session for the Indian market which saw banks, autos and realty trade under pressure. However, some buying was seen in IT, FMCG and oil & gas stocks in a rangebound scenario. Sensex shut shop at 17557, down 3 points and Nifty at 5320, down 2 points from the previous close.
Nifty Tips For Monday
Supoort : 5260-5220
Intraday Trading Tips For Monday
Buy EIH with a 12-month target of Rs 140
Buy Selan Exploration with a 12-month target of Rs 500
Hold Century Textiles with a stop loss of Rs 240
Buy Bata India August Futures at Rs 918 with a target of Rs 940 and stop loss of Rs 905
Bullish Intraday Stocks For 13 August 12
SURYAPHARM COX&KINGS INFY KGL TATACHEM SUNTV ASSAMCO PARSVNATH SELMCL AMBUJACEM TCS CAIRN VIJAYABANK WELCORP HINDUNILVR DCB JSWSTEEL HINDOILEXP BIOCON INTEX FINANTECH IDEA CENTURYTEX DISHTV INDIACEM MARUTI HINDPETRO ZEEL
Bearish Intraday Stocks For 13 August 12
DCHL JSWENERGY BALLARPUR FORTIS GRAVITA USHAMART MERCATOR GUJNRECOKE ROLTA MARICO BHARATFORG NMDC GATI SCI BOMDYEING RUCHISOYA BANKINDIA GODREJIND ESSAROILSUBEX TATASTEEL TATAMOTORS TITAN CUMMINSIND GVKPIL ZEENEWS GABRIEL ASHOKLEY ONGC YESBANK
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