Indian Market :- Due to RBI cuts CRR rate to 0.75, Market beginning with passion today. Sensex up 269 points on 17 772 and Nifty gained 87 points to open at 5420. Banking stocks are looking fast by 2.5%. Consumer Durables share are strong 3%.
Asian Market :- In first trading day of the week Asian Markets mixed business is being witnessed. Nikkei, Straits Times and Singapore Nifty is bullish. Shanghai Composite, Hang Sang, Taiwan index and kospi index nearly 0.5% decline.
U.S Market :- Because of the great figures of new jobs American markets are faster On Friday. However at the end of trading markets under pressure due to profit booking. Dow Jones was up marginally while Nasdaq Composite 0.5% and S & P 500 index 0.5% are rose.
Stock Intraday Tips / Buy Share Recommendation Today 12 March
- Axis Bank Buy, Stoploss, - 1195, Target - 1240.
- Tata Motors Buy, Stoploss, - 276, Target - Rs 286.
- Syndicate Bank Buy, Stoploss, – 112, Target – 119.5.
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MCX Gold and Crude Oil Intraday Tips
MCX Gold and Crude Oil Intraday Tips
Bullion
Gold Silver is on decline business in International Market Comex
Gold is trading at 1708$ with marginal decline while Silver is
trading above 34$. However MCX Gold had closed last week with
marginal decline to Rs 28,000 while Silver was broke closed up 0.33%
to Rs 59,000.
Gold
April futures Buy – 27,850, Target - 28 050, Stoploss -27 700.
Nyse
Crude Oil is trading at about half per cent decline. Although price
of Crude Oil is above 106 dollars a barrel. Last week MCX Crude Oil
had closed at Rs 5346 with slight decline.
Crude
oil March Futures Buy - 5310, Stoploss - 5 250, Taregt – 5390.
