Free Intraday Tips and Market Trend Today 24 May 12
Indian Market Trend Today :- Market strength have returned due to News of increase in Petrol prices However decline in international Markets and continued weakness in rupee is pressure on Indian Market. Today Sensex up 86 points to open at 16 034 and Nifty gained 28 points to open at 4863.
U.S. Market Trend :- U.S. Market closed light strong on Wednesday becouse of lower concern on Eurozone. Italy and France to take statements came after Market recovered from lower levels and Also housing price figures are better than expected. However at European Union meeting have not being taken decision therefore European Market break 2.5%. Greece remain question mark to still remains in Eurozone.
Asian Markets Trend :- Asian Markets seems mixed business. Hang Sang, Nikkei, Shanghai Composite down by 0.6 to 0.3%. Taiwan index is also weakness. Singapore Nifty, Straits Times and Kospi are trading in green.
Free Intraday Tips for Today 24 May 12
HPCL Buy May Futures, Target – 318.90, Stoploss – 302.
Arvind Ltd. Buy, Stoploss – 73.80, Target - 77.40.
Canara Bank Sell, Target – 377, Stoploss – 392.
Buy BPCL , Target – 770, Stoploss – 710.
Commodity Market Trend :- COMEX Gold and Silver is trading with strength. COMEX Gold is trading at $ 1,560 with 0.80% up while silver has gone up more than 1% and the price is around $ 27/Oz. MCX Gold On Wednesday was closed at Rs 28 951 with with nearly half per cent down and silver was fall to 1% and closed at Rs 53 821.
NYMEX Crude Oil rose nearly 1% although prices are still $ 90/ barrel. MCX Crude Oil slipped 0.80% On Wednesday and closed at 5092 levels.
London Metal Exchange (LME) Copper is trading with more than Half per cent strength. MCX Copper dropped 0.75% on Wednesday closed at Rs 426.
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