Thursday, August 9, 2012

Intraday Stock Tips for Today- 9 August 2012

Indian Markets made a positive start and started the day on a strong note. The june data awaits ahead which is likley to be supporting market today. Nifty has gained nearly half percent and it may touch the magical level of 5400 today. Trading above the same may extend the chances of reaching 5600 soon.

Stocks to Buy/Sell Today-

Tata Motors Stocks
Tata Motors- CNBC estimates that in the first quarter of fiscal year 2013 net profit of Tata Motors may increase 37.3 per cent to 2745.45 crore . Financial year of 2012 April-June quarter profit of Tata Motors was Rs 1999.8 crore. Amid these anticipations, Tata motors can do good for Intraday buyers so one can go for buy this stock above 245, Targets- 247.50-249.55.

Coal India- Coal India is the another pick for today which is recommended to buy above 350 for the targets of 354.00-357.00.


Posted By Commodity MCX Tips