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Friday, August 3, 2012

Nifty & Intraday Stock Tips For Today-3 August 12

The last day of the trading week the Indian market opens for trade on a soft note pulled down by the metal and auto sectors. Sensex was trading at 17135, down 88 points from its previous close, and Nifty was at 5201, down 26 points. After a soft start, the market has weakened further and is trading with significant losses. Sensex is at 17069, down 155 points from its previous close, and Nifty is at 5179, down 48 points.

Intraday Stock Tips For Today-

Sell HUL with a target of Rs 435-430 and stop loss of Rs 480.60

Sell Karnataka Bank with a target of Rs 87 and stop loss of Rs 96.50

Sell Tata Steel with targets of Rs 395-385 and stop loss of Rs 413

Sell Coal India with a target of Rs 330 and stop loss of Rs 353.50

Nifty Tips For Today-3 August 12

Sell Nifty at 5215 with a target of 5175 and stop loss of 5235
R1-5300, R2-5550
S1-5000, S1-4900

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