Thursday, September 6, 2012

Market Trend and intraday Calls for Today : 6 Sept 2012

Due to weak signals received from International markets the pressure is beeing seen in the domestic market . Thursday's trading session began with Flat start Infact the confsuionprior to the the meeting of ECB has put pressure in the domestic market. Nifty is hovering around its previous closing. 5190 is the level below which market may face some downside while stiff technical support is seen above 5270 level. 

Blue chips stocks like Infosys, ICICI bank, Tata Motors seems to be good buying options for today. For Intraday, Buy Sterlite industries above 94.50, target- 95.50-96.20 SL- 93.00. Aurobindo pharma is the other recommendation for today's trading. Go for buy in this stock above 116.50 for the targets of 118.00-120.00. Keep a strict stop loss below 114

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Posted By Commodity MCX Tips