Friday, November 16, 2012

Bank Nifty Tips - Nifty Futures Trend

Good Morning readers, heading direct from the share market - The 30-share BSE Sensex was completely lacklustre in early trade on Friday amid concerns over weak Eurozone economic activity and US fiscal crisis. The BSE benchmark was up 54.41 points to 18,525.78 and the NSE benchmark rose 9.6 points to 5,640.60. 

Nifty Future Trading Recommendations :

Buy At/Above 5636.6 Tgt 5653.5/5667.7/5684.7/5698.9

Sell At/Below 5625.4 Tgt 5608.5/5594.5/5577.7/5563.7

Bank Nifty Trading Ideas :

Buy At/Above 11567.6 Tgt 11602.3/11631.3/11666.2/11695.3

Sell At/Below 11544.4 Tgt 11509.8/11481.0/11446.6/11418.0

Stock of The Day :-

Our today’ pick is Bhagwati banquet, which has just declared quarterly results. The net profit doubled. The interesting operating profit margin increased from 29 %to 39%, while net profit increased from 6 % to a staggering 15%. With the best quarter still to come the stock will set your trading screen on fire today. So catch it if you can for a target 95 with stop 75(cmp 79)

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Posted By Commodity MCX Tips