Tuesday, July 17, 2012

Nifty Today and Intraday Tips for 17 July 2012

The market today started the session on a firm note. Strong Asian cues turned the gap up opening into stable start and Nifty is now trading up 31 points after one hour of the trade.Banking, infrastructure, Automobile and pharmaceutical stocks has given a good start to support the market.

Technically Nifty will manage to hold the stability above 5238 level. Sustaining above the same may lead this positiveness to last for the whole day and we can expect a green closing today.

In Futures, one can buy Nifty above 5235, for the target of 5270-5290 and keep a stop-loss below 5200.

Intraday Stocks To Buy Today-

Buy TVS motors above 40.40 TG-41.00-41.30 SL-39.90

Buy Lupin above 575 Targets- 580.00-584.00 SL- 568.50

Buy Infosys for short term target of 2300-2350, intraday target is - 2230-2250


Posted By Commodity MCX Tips