Thursday, January 10, 2013

Market Today : Nifty Levels, Stock Tips 10 Jan

Market news and updates today says that both the benchmarks Nifty and Sensex are trading at good mood. In the opening bell Sensex is traded at 112 points or 0.6 per cent higher at 19,778 while the broader Nifty gained 32 points to 6,004. Market yesterday was rangebound but Nifty managed to give respective closing anyhow. Railway ministry hiked rail fares yesterday, applicable from 21st of this month. Prices of diesel and kerosene also going to increase very soon.



Nifty Range and Levels :-

Nifty is showing selling pressure around its key resistance levels near 6,050. In the last six trading sessions, Nifty has been consolidating in 6,050-5,950 zone.Till the time Nifty decisively breakout or breakdown below that range, volatility may be continuing and traders should be cautious.

Intraday Share Tips Today :-

1. Idea Cellular Limited SELL SELL 110.80 TGT 107.50/105/102 S.L 112.30

2.  BUY Sintex Industries Limited 70.50 TGT 73/75/78 S.L 68.30.

3. BUY BAJAJ CORP CMP 243 STOP 238 TARGET 254.

4. OFSS trgt 3650-3800 within week :- For intraday better to buy abv 3448 sl 3382 trgt 3575-
3625. positionally buy arround 3300-3325 sl 3060 trgt 3850-4020.


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