Intraday Tips for Today : Stock & MCX Commodity Tips Trend
Market Trend Today :- Indian Stock Market introduction with weakness of 0.5% because of International Market decline. BSE Sensex down 78 points at 17 540 and NSE Nifty fell 30 points to open at 5315. After opening on decline, now Asian markets seems mixed business. Shanghai Composite, Taiwan index, and Straits Times seems light fast. Nikkei, Kospi, Hang Sang fell 0.3% . Singapore Nifty is weak. Euro zone bailout package will be approved by Germany's largest court and also companies expected to be even worse results show pressure on U.S. Markets. While relief package is expected to come up European markets. Spain and Italy decline in bond yields
Stock Intarday Tips for Today 11 July 12
Aban Offshore Buy, Stop loss – 410, Target - 435.
Mphasis Buy, Target of Rs 410, Stoploss - 387.
Buy Sterlite Tech, Stoploss – 34, Target - 42.
HDIL Buy, Target – 100, Stoploss – 85.
Commodity Market Tips :- International Market Gold is weak while silver is trading with light fast. COMEX Gold with dropped of 0.30% is trading at $ 1574 and Silver was up by 0.30% although prices have come down from $ 27 per ounce. MCX Gold on Tuesday closed at Rs 29 427 with down 0.78% while Silver was fall 1.5 % to closed at Rs 52 685.
NYMEX crude oil is trading with gain of 0.5% and price is 84 dollars per barrel. However Yesterday MCX crude oil slipped 1% and below closed to Rs 4,750 . London Metal Exchange (LME) Copper is trading with gains of half per cent while MCX Copper on Tuesday with weakness of 1.23% to closed at Rs 420.
Gold Sell -29 500, Stoploss -29 620, Target - 29 300.
Silver Sell -53 300, Target - 52 000, Stoploss - 53 800.
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Intraday Tips Updated at: 10:03 AM