Intraday
Tips :- Due to strong global cues, beginning of domestic stock
markets is fast. Sensex up 93 points on 17 176 and the Nifty gained
24 points open on 5156. Auto
stocks have seen the fastest. 22.6 per cent increase in
September global sales of around 3 per cent faster than the Tata
Motors. Bajaj Auto and Mdandm is also strong. However, Maruti
Suzuki's Manesar plant strike continuing weak 1.25 per cent of the
shares. Bank, realty, metal, technical, IT, consumer durables,
capital goods, power, healthcare and FMCG stocks are up. Sterlite
Industries, ONGC, SBI, Hindalco, Wipro, ICICI Bank, BHEL, Hero
Motokorp, HDFC Bank, Tata Power, Cipla, Infosys is firmly in the 1.5
to 0.1 per cent. Results of the first TCS, HDFC is looking up.
Reliance Industries in worse than expected results due to pressure on
oil & gas stocks. Reliance Industries' shares are trading
with weakness of 2 per cent.
Asian
markets are also trading
with strength. Nikkei, Hang Sang, Taiwan index is up nearly 1.5
percent. Shanghai Composite, Cospi, Straits Times and Singapore
Nifty are trading with gains. European countries on Friday to find a
solution to the debt crisis soon came back faster than expected in
U.S. markets. U.S. markets were closed with a gain of 1.5 per
cent.
Stock Intraday Tips
IDFC
Buy For 3 days Stoploss - 119, Target - 129
Kotak
Mahindra Bank Buy For 3 days Stoploss - 467, Target - 485 - 492
.
Aurobindo Pharma Sell For 3 days Stoploss - 134, Target -
122 - 120.
ICICI Bank Buy For 4 Days Stoploss - 870, Target
- 920 – 930.
Intraday Tips
