Crude Oil Price Effects On Market Trend > Intraday Tips / Positional Stock For Monday 5 March 12

03 March 2012 2:46 PM

Tweet Ashok Leyland, JP Associates, Reliance Power

Today 3 March Sensex down 14 points at 17 622 and Nifty closed at 5359 with no changes.

Crude Oil Price Effects On Market Trend :- Crude oil price fluctuation will decide to move of Markets. Due to Crude Oil Expensive Government is growing subsidy burden on Crude Oil. This is because Government is under pressure to raise petrol and diesel prices. Petrol and Diesel prices raise NEWS will bad effect on Market. Fue prices rise may increase inflation there for RBI will be less likely to cut Repo rate. Before budget Market is not likely to pick up. Market will improve in next 10 days.

Stock Intraday Tips / Positional Share Recommendation For Monday 5 March 12

JP Associates Sell, Stoploss - 78, Target 68-64.

Reliance Power Buy, Stoploss - 120, Target - Rs 140.

Ashok Leyland Buy For 2 To 4 Days, Target - 32, Stoploss - 27.

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