Market Trend and Intraday Tips For Today-14 June 12

The Indian market opens for trade this morning on a flat note. Sensex is trading at 16870, down 10.34 points from its previous close, and Nifty is at 5116, down 5 points.The BSE Sensex opened on a cautious note on Thursday led by marginal gains in GAIL, RIL and ITC. The broader 50-share NSE index was up 0.05 percent at 5,124.54.

Intraday Tips For Today:-

BUY ONGC Ltd, Target-Rs 282, Stoploss-Rs 262

BUY IRB Infrastructure Ltd, Target-Rs 137, Stoploss-Rs 122

BUY United Spirits Ltd, Target-Rs 725, Stoploss-Rs 650

BUY Indraprastha Gas Ltd, Target-255, Stoploss-Rs 230

Bank Nifty | Nifty Tips | Intraday Stock Tips-23 May 12

The Indian market opens for trade this morning on a negative note. Sensex is trading at 15957, down 68 points from its previous close, and Nifty is at 4839, down 21 points. CNX Midcap index is down 0.4% and BSE Smallcap index is down 0.1%. The market breadth is negative with advances at 188 against declines of 492 on the NSE. Bank Nifty is trading at Rs 9238.15, down by 30.65 points or 0.33% from its previous close.

Nifty Resistance and Supports:-
R1-4886, R2-4891
S1-4834, S2-4830

Intraday Trading Tips For Today

BUY ABG Shipyard Ltd with a target of Rs 422 and a stop loss of Rs 378
SELL Ambuja Cements Ltd with a target of Rs 132 and a stop loss of Rs 146
SELL Idea Cellular Ltd with a target of Rs 68 and a stop loss of Rs 81
SELL Larsen & Toubro Ltd with a target of Rs 1100 and a stop loss of Rs 1180