Intraday Tips for Tomorrow : Stock Hindalco, Orchid Chemicals for 9 August
In the last hour Profit booking has put the brakes on 2-days market strength. BSE Sensex fell 1 point to 17600 and NSE Nifty higher 1 point to close at 5338. Midcap and Smallcap stocks fell 0.2-0.4%. In early trading Nifty has moved up to 5350 which is the highest level of 4 months.
Auto stocks surged between 1%. PSU, Metal, FMCG, IT stocks strongly was 0.75 to 0.3%. Realty stocks lose 2%. Technology, Banking, Capital Goods, Power, Consumer Durables stocks were weak from 0.9 to 0.2%.
Take sure Intraday Tips Free Trial from tomorrow 9 August to 10 August 12
M & M was up 4%. BPCL, Hindalco, Grasim, Ranbaxy, HUL, Infosys, HCL Tech, Jindal Steel, Sterlite Industries, Ambuja Cement, Sesa Goa stronger by 3-1%. Bharti Airtel rolled up 6.5%. GAIL, DLF, PNB, ICICI Bank, IDFC, Cern India, TCS, Siemens, L & T break 3-1%.
In Nifty Midcap Stock - NCC, GVK Power, Lanco Infra, Punj Lloyd, Sintex fell from 5.25 to 3%. In BSE Smallcap Kemrock Industries, Rainbow Paper, Kalyani Steel, Nirlon broken 16.5 to 5%.
Intraday Tips for Tomorrow 9 August 12
Sell Orchid Chemicals with target 103 – 100, Stoploss – 112.
Buy OBC Stoploss – 233, target - 244 – 249.
Hindalco Buy target – 127, stoploss of Rs 120.
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Intraday Tips Updated at: 6:27 PM