Nifty for Tomorrow :- Nifty trying to recover after mass profit booking. Now positive sentiment of the Market will be back only after 5433 of Nifty.
Market could not sustain initial enthusiasm. BSE Sensex 3 points higher at 17 850 and Nifty up 5 points to closed at 5418. Midcap and Smallcap stocks declined.
Oil & Gas, Auto, Capital Goods fell 1 to 0.75%. Power, Consumer Durables, PSU, Realty, Bank stocks were dropped from 0.4 to 0.2%. IT and Tech stocks rose by 2 to 1.5%. FMCG, Healthcare, Metal stocks saw strength of 1 to 0.5%.
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Domestic Commodity Market spot and futures gold made new record. However silver has accelerated strongly. Crude Oil rose due to decline reserve in U.S. Due to decline in U.S. crude oil stocks rose. Copper is also faster near 1%.
Stock Intraday Tips for tomorrow 24 August 12
1. Buy Axis Bank, Target – 1100 – 1108, Stoploss – 1090.
2. Buy Gati Ltd. Stoploss 38 , Target – 43.
3. Lupin Buy Target – 586 – 590, Stoploss 574.
3. Lupin Buy Target – 586 – 590, Stoploss 574.
