Intraday Tips and Market Trend 31 May 12
Positional Stock Advice Today
SBI Sell For 1 To 2 Days, Target - 2060, Stoploss - 2112.
Titan Industries Sell for 3 To 4 Days, Target - 215, Stoploss – 235.
Free Intraday Tips
Sell Dabur India, Stoploss – 105, Target 100.
Buy Hindalco, Stoploss of Rs 111, Target - 124.
Market Trend for Today :- Indian Stock Market beginning with 1% weakness due to sharp decline in international markets and Rupee reach out to Rs 56.5. today Sensex down 142 points to open at 16 170 and Nifty fell 55 points to open at 4896.
Banking, Realty, Auto, Oil & Gas, Consumer Durables, Capital Goods stocks have declien by 1.5 to 1%. PSU, IT, Healthcare, Technology, Power, Metal, FMCG stocks are weak 0.6 to 0.4%. ICICI Bank and Tata Motors are broken more than 3%. Maruti Suzuki, HDFC, Reliance Industries, Sterlite Industries, Tata Steel, DLF, Tata Power, Wipro, BHEL, Sun Pharma, SBI down about 2-1%.
U.S. Market Trend :- U.S. Market large decline on Wednesday due to over concerns about Eurozone. Dow Jones, S & P 500 and Nasdaq Composite broken by 1.5%.
Asian Market Trend :- Because of negative cues from American and European markets, Asian markets are broken. Nikkei, Hang Sang, and Kospi fall 2 to 1.5%. Singapore Nifty, Shanghai Composite, Straits Times is also weak.
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