Nifty
Trend Today :-
Nifty was range bound within 35 points on Wednesday. Nifty strive to
break the circle but could not succeed. But now Nifty is expected to
go up with support of the Bank Nifty.
Technically
Nifty is likely to remain in the range of 5380-5365. If Nifty did not
receive support from Bank Nifty, It is expected to pick up less. If
It did not get support from other sector index Nifty may see
correction.
Intraday
Tips
/ Positional Stock advice for today 23 August 12
Heritage
Foods Buy for 1 to 2 Days, Stoploss - Rs 249, Target – 264.
Opto
Circuits Sell for 1 to 2 Days, Target - 132.6 stoploss - Rs 141.
Indian
Market opening up despite of not being clear signal to International
Markets. BSE Sensex gained 9 points at 17856 and Nifty higher 13
points to open at 5426.
Metal
shares are up 1%. Wipro, Jindal Steel, Bank of Baroda, Cairn India,
Hindalco, HDFC Bank, Tata Steel, Cipla, Ranbaxy, Sesa Goa, Sun Pharma
are strong by 1.75 to 1%.
Ambuja
Cements, Tata Motors, ACC, BPCL, Bajaj Auto, M & M, Power Grid,
ONGC has fallen from 0.75 to 0.25%.
Asian
markets has seen growing shopping. Shanghai Composite is in red due
to poor August PMI figures from China. Nikkei and Taiwan indices are
sluggish. Hang Seng is stronger by 1%. Kospi, Straits Times and
Singapore Nifty are faster.
U.S.
Markets saw well recovery on Wednesday due to showed signs of U.S.
Federal Reserve released bailout package. Nasdaq Composite and S &
P 500 index closed in green. However Dow Jones decline.
Intraday
Tips free trial from Today 23 August to 24 August 12
