Intraday
Tips for Monday 24 September
Market
reached record levels in 2012 due to Government's Economic reforms.
Sensex up 403 points at 18 753 and Nifty gained 137 points to close
at 5691. Nifty Midcap rose by 2.75% and BSE Smallcap up by 1.5%.
Market
Trend for Monday :- Market showed enthusiasm to Government's
decisions of Economic reforms remain unswerving. Furthermore
Government has approved Rajiv Gandhi equity scheme. Rajiv Gandhi
Scheme ETFs and Mutual funds are included in scope. Withholding tax
has been reduced from 20% to 5%. Our Experts say that if the
government is working on pace of economic reforms will increase the
confidence of foreign investors and Market will be enhanced FII
investments.
Rupee is
becoming stronger. Rupee has reached height of 4.5 months. Rupee
closed at 53.44 against the U.S. Dollar On Thursday.
Free
Intraday Tips for Monday 24 September 12
Kingfisher
Airlines Buy, Target – 11.90, stoploss – 13.95.
Pantaloon
Retail Buy Target – 169, stoploss - 192.
Shoppers
Stop Target 369, stoploss – 399.
Tribhovandas
Zaveri Buy, Target – 139.50, stoploss – 126.50.
