Monday, May 21, 2012

Nifty Today and Intraday Stock To Buy

The Market staretd off the day in a very positive note and is expected to remain positive for the day. Before this, International market closed lower making biggest weekly decline. Last week, the Dow ended with nearly 4% losses, the S&P 500 declined over 4% while the Nasdaq lost more than 5%. Indian markets on the other hand are expectd to continue Friday's uptrend further. Technically Nifty is likely to touch 4960 and then 5000 level today. But inability to prevail 4930 level may reverse the nfity pointer. A trade below 4900 would again invite the bearish run for the day. 

Stocks To Watch Today 

State Bank Of India- Buy Above 1980 TG- 2000-2040 SL below 1959 

Reliance Capital Ltd. - Buy for the Intraday Target of 315-320


Posted By Commodity MCX Tips