Share Market Tips | Updates

Today the market was lacklustre as the BSE benchmark shed more than 600 points since Friday. The index fell 66.60 points or 0.40%, to close at 16,479.58. Meanwhile, the NSE benchmark declined 25.15 points or 0.5% to 4,974.80.

Steel stocks melted down - Jindal Steel, Sterlite Industries and Tata Steel tumbled 2-3%; even India's largest coal mining company Coal India was down 2.5%.
From the FMCG space, ITC gained 6% at Rs 240 in trades today.

Free stock market tips for 08 May 2012 | Free share tips

Sensex is trading at 16786, down 126 points from its previous close, and Nifty is trading at 5077, down 36 points.

Intra-day Calls For Today

Buy Titan Industries with an intra-day target of Rs 253-255 and stop loss of Rs 243.
Buy Jindal Steel & Power with a target of Rs 526 and stop loss of Rs 486.
Sell Pantaloon Retail with a target of Rs 155 and stop loss of Rs 172.
Buy Arvind Ltd. above Rs 90 with a target of Rs 95 and stop loss of Rs 87.
Sell Biocon with a target of Rs 224 and stop loss of Rs 235, The stock is currently trading at 231.20, down 1.1% on the BSE.
Buy Shree Renuka Sugars with a target of Rs 32.40 and stop loss of Rs 30.90

Free Stock Market Tips For 07 May 2012

The Sensex and the Nifty dropped more than 1% on Monday. BSE Sensex opened at 16,610, down 220 points and the Nifty at 5,006, down 81 points. The Sensex and Nifty lost over 2 % each last week to end at 16,831 and 5,087 levels, respectively.

Nifty support around 5,045-5,020
Resistance around 5,130-5,155

Currently ITC is trading at Rs 235.55, down 1.1%, Sell ITC with a target of Rs 230 and stop loss of Rs 240

Sell BGR Energy Futures below Rs 305 with targets of Rs 294 and 285 and stop loss of Rs 312.

Sell Aban Offshore with a target of Rs 360 and stop loss of Rs 400, CMP is Rs 372.35 

Intra Day Calls For Today 04 May 12

Today market is open in negative side. The Sensex is trading at 17075, down 76 points from its previous close, and Nifty is at 5166, down 22 points. Nifty strong resistance around 5,200-5,210 and support around 5,175-5,165.Today Bank Nifty opened at 10177.65 with down fall 128.95 points or 1.25%.

Intra-day Calls For Today

Sell Kotak Mahindra Bank with a target of Rs 550 and stop loss of Rs 593

Sell Bata India with a target of Rs 830 and stop loss of Rs 880

Buy Wockhardt with a target of Rs 752 and stop loss of Rs 723

Stock Market Tips For Today 03 May 12

Today the Indian market opens on a negative side for trading. The Sensex opened at Rs 17,220 with down 82 points whereas the Nifty declined by 29 points opened at Rs 5,210. CNX Midcap index is down 0.3% and BSE Smallcap index is up 0.1%.

Nifty resistance around  5,260-5,275 levels
Nifty support around 5,220-5,205 levels

Intra-day Calls For Today

Adani Power is currently trading at Rs 62.95, Sell Adani Power with a target of Rs 58 and stop loss of Rs 66

Sell Jet Airways with a target of Rs 320-318 and stop loss of Rs 335, the stock is currently trading at Rs 326, down 0.9% on the BSE

Sell VIP Industries with a target of Rs 85 and stop loss of Rs 97, this is is currently trading at Rs 89.55, down 3.7% on the BS

Share Market Tips for Tomorrow 03 May 2012

Today market closed with moderate declines. Nifty closed at 5239.15 with down fall of 9.00 or 0.17% and Sensex closed at 17302, down 17 points from its previous close. The CNX Midcap index was down 0.5% where as the BSE Smallcap index up with 0.2%.

Intraday Calls for tomorrow 03 May 2012:

Buy Hyderabad Industries with a one-month target of Rs 420-440

Buy HPCL with a 1-2 month of Rs 360 and stop loss of Rs 270

Buy ICICI Bank with a 3-month target of Rs 1000 and stop loss of Rs 832

Intraday Share Tips For Today

The markets began the trading session on a positive note. The BSE Sensex is currently at 17,409, up 90 points and the Nifty is at 5,273, up 25 points.

Nifty support around 5,225-5,210
Nifty resistance around 5,270-5,285

Buy Jaiprakash Associates with an intra-day target of Rs 79 and stop loss of Rs 73, as against the current market price (CMP) of Rs 74.90.

Buy Tata Motors with a 1-2 week target of Rs 336 and stop loss of Rs 307 as against the current market price (CMP) of Rs 307.20.

Buy ACC May Futures with a target of Rs 1268 and stop loss of Rs 1214, as against the current market price (CMP) of Rs 1244.90.