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Intraday Stock & MCX Tips for Today | Stock and Commodity Market Trend


Intraday Tips Stock & MCX

Market Trend Today :- Today Indian Market beginning with desolation due to weak signals from International Markets. Sensex down 12 points at 17 246 and Nifty fell 7 points to open at 5233. Midcap and Smallcap stocks are idling.
Auto, Metal, Capital Goods, Banking Stocks have fallen from 0.5 to 0.25%. PSU, Oil & Gas, Healthcare stocks have seen weakness of 0.2 to 0.1%. FMCG shares have climbed 0.5%. Consumer Durables, Power, IT, Technology, Realty stocks saw buying.
Motocorp Hero, Cipla, Ambuja Cement, ONGC, Sterlite Industries, Hindalco, Dr Reddy's, PNB, Tata Power, Coal India, SBI, Bank of Baroda, L & T, HDFC Bank, Tata Steel decline by 1.75 to 0.75%. TCS, NTPC, HUL, ITC, Jindal Steel 0.6 to 0.2% faster. Ranbaxy and Cern India are strong.
Asian markets seems mixed business. Nikkei and Singapore Nifty are in green. Shanghai Composite, Straits Times, Hang Sang has fallen from 0.25 to 0.5%. Asian markets remains i eye on ECB meeting.
Do not take any action by Federal Reserve therefore U.S. Markets was despair on Wednesday and also due to weak economic data Dow Jones 0.3%, S & P 500 0.3% and Nasdaq Composite closed to fall by 0.7%.
Federal Reserve has admitted that U.S. economy may slow but has not announced third stimulus package. However Federal Reserve has assured that necessary steps would be taken.

Intraday Stock Tips for Today 2 August 12

Bharti Airtel stock intraday tips
Bharti Airtel Sell for the target of 294 – 292 and Stoploss – 302.
Infosys Technologies Buy for 1 to 2 Days, Stoploss - 2190, Target - 2260.
Tata Global Buy for 1 to 2 Days, Target - 135, Stoploss – 125.
Dish TV Buy, Stoploss – 68 , Target – 74.
Commodity Market Trend
NYMEX Crude oil business is slow and is trading at $ 88/ Barrel level,. MCX Crude oil on Wednesday closed at close to Rs 5,000 with strong by 1 %.
London Metal Exchange (LME)Copper is trading with strength of Half per cent . MCX Copper on Wednesday, with strength of about 1.5% closed at Rs 416.
International market gold and silver has seen decline. COMEX Gold down slightly at $ 1603 while silver with 0.5% weakness is trading at $ 27/Oz. MCX Gold on Wednesday closed at Rs 29 649 with weakness of 0.34% while silver was fall 1.5% to Rs 53 126.
MCX Intraday Tips Today Gold Silver
Gold Buy -29 940, Stoploss - 29 860, Target - 30 100.
Silver Buy -53 050, Target - 53 400, Stoploss -52 870.

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Intraday Tips Updated at: 10:49 AM
 
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