Friday 3 May 2013

Today stock market updates and market strategy

Indian share market was down today both market was down today. Sensex closed on 19,575 points with 160 points down and Nifty is closed on 5944 with down 55 points today.

NSE and BSE Gainers today- Multi Commodity Ex,  Dabur India, Adani Ports & Speci, Reliance Commu.Ltd, Jindal St & Pwr, Tata Steel, HCL Technologies, Sun Pharma.

NSE and BSE Losers - Tata Motors Ltd., SBI, ICICI Bank, IDFC L, GAIL (India) Ltd., JSW Energy Ltd., Canara Bank, Allahabad Bank, Guj. Mineral Dev.

Commodity market today - MCX gold is trading around Rs 27275 is mounted; silver also mounted and trade Rs 45470.

Trading tips for next trade

BUY Reliance Communications Ltd. above 110 with Target 115,120 stops loss 90

BUY HDFC Bank Ltd. Intraday Target 690

BUY TATASTEEL Future-May 30, Target 350.00, stop loss 310.00

BUY NIFTY Future-May 30, Target 6013.25, stop loss 5901.05


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