Friday 5 April 2013

Fluctuation in market Nifty relapse unlikely; may even test 5320 today 05- April-2013

Market Fluctuation is low today reasons of unclear international market signals. Now Sensex trade on 18,486 with down 24 points and Nifty on 5,566 down with 9.90.

Stock up - BHEL, Tata Motors, GAIL, UltraTech Cement, Reliance Infrastructure, Reliance Industries, HCL Tech, Tata Steel, Bajaj Auto, BPCL, Bank of Baroda is accelerating. 

Stock down - ITC, HDFC, NTPC, Cairn India, ICICI Bank, Ambuja Cements, TCS, Axis Bank is weak.

Commodity market: - MCX gold is trading below Rs 29 350 with the decline and fall Silver have come down to Rs 50,900. MCX crude oil is trading at Rs 5125.
MCX silver (May Futures): Buy - 50,810, stop loss - 50445 and the target - 51415
Trading calls today

SELL Sesa Goa Ltd. Short Term, Target 142   Stop Loss 155

BUY Hero MotoCorp Ltd. Short Term, Target 1750   Stop Loss 1432

SELL HCL Technologies Ltd. Short Term, Target 700   Stop Loss 761.60
 
BUY Reliance Industries Ltd. Intraday, Target 784   Stop Loss 764
                          

2 comments:

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