Weakness has increased in the market and the benchmark indices are trading with huge losses, dragged down by the rate sensitives. Sensex is at 16070, down 257 points from its previous close, and Nifty is at 4866, down 76 points. CNX Midcap index is down 0.9% and BSE Smallcap index is also down 0.9%.
Intraday Tips For Today 16 May 2012
Buy Sesa Goa, Target – 200, Stop loss – 182.50.
Sell Exide Industries, Target – 112, Stop loss – 120.
Buy kpit above 121.50 target 123-126 stop loss 119.
Sell ADITYA BIRLA NUVO below 803.50 for the target of 795 with stop loss of 815.
Intraday Tips For Today 16 May 2012
Buy Sesa Goa, Target – 200, Stop loss – 182.50.
Sell Exide Industries, Target – 112, Stop loss – 120.
Buy kpit above 121.50 target 123-126 stop loss 119.
Sell ADITYA BIRLA NUVO below 803.50 for the target of 795 with stop loss of 815.
