Nifty Tips
After a soft pre-opening start, Indian
stock markets opened the last trading day of week nearly 1% lower on
index.
Nifty after breaching crucial level of
5200, has come down to 5177 level and expected to remain bearish.
After Federal Reserves inaction, European Central bank disappointed the expectations that it would take some move to deal with euro Debt
crisis. This disappointment led the markets to make a negative start
which is likley to persist for the day.
One of the stocks that one can go for
buying today is Cipla and Jubilant foodworks. Day traders can buy
Cipla stock above 350.00 for the targets of 353.00-355.50. Jubilant
Foodworks ltd is a short term pick for the target of 1150-1170
level.
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