Nifty Tips For Tomorrow 15 March

Thursday Market Closing :-

It was a steady session as afternoon trade gathered momentum. Led by strength in banks, the market closed the day with handsome gains. The Sensex ended the day gaining 207.89 points at 19570.44 while the Nifty added 57.75 points to end at 5908.95.

Nifty Predictions for Tomorrow 15 March :-

Nifty today traded as per our expectations and predictions we did yesterday. Market regained its momentum in the afternoon session. 

For tomorrow market trend is expected to be mix. Market tomorrow may open flat to volatile and it can gain some strength in the mid session. Traders and investors are advised to keep strict stop loss both the sides. Trade with caution !

Free Stock Recommendations :-

1. BUY Tata Chemicals Ltd. Intraday Target 400

2. BUY Bajaj Auto Ltd. Intraday Target 2100

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Intraday Tips For Today : Nifty Free Trial

Equity benchmarks opened lower on Friday following fall in Asian markets and weakness in technology and auto stocks.

The 30-share BSE benchmark fell 43.62 points to 19,453.56 while the 50-share NSE Nifty lost 18 points to 5,878.80, continuing the fall for second consecutive session.

Intraday Stock Trading Recommendations For Today :-

1. BUY Reliance Capital Ltd. Intraday Target 415   Stop Loss 390

2. BUY Jet Airways (India) Ltd. Intraday Target 645   Stop Loss 604 

3. BUY Indian Oil Corporation Ltd. Intraday Target 324   Stop Loss 313

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Market Tomorrow || Nifty Trend 9 January

Equity benchmarks bounced back in late trade, helped by heavyweights ITC and HDFC. The 50-share NSE Nifty closed above 6000 level for the first time in last three sessions on some short covering, rising 13.30 points to 6,001.70. 

Experts have been bullish on the market saying the index will test new highs in the current year. Meanwhile, cigarette major ITC and housing finance company HDFC topped the buying list in late trade, rising 2 percent each.

Latest News and Updates :-

Jharkhand chief minister Arjun Munda today resigned and proposed dissolution of the 82-member Assembly. The move of dissolving assembly sends a signal to the Governor Syed Ahmed to decide the future course of action.

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Book Profit in Banks: SBI can go upto Rs 2775-2800, in Auto Sector Go for Tata Motors

Banking stocks went into some kind of consolidation over the last three days now they are back again. ICICI Bank Rs 1010 is possible, SBI provided results are good, you could see levels of Rs 2775-2800, it seems like they are exhausted and they are going into a correction but given today’s action, it is possible that they may just be moving sideways before another upmove.

In the auto sector, Tata Motors is our preferred pick. We also like Bajaj Auto and Hero Honda. With Maruti we are kind of neutral because I think we got a little bit negatively surprised by the whole royalty thing. The growth seems to be still coming through particularly in the two-wheelers and CVs etc. So my sense is that the best way to play it is through probably a combination of Tata Motors and perhaps Bajaj Auto or Hero Honda.

Last month we were pretty bullish on Mahindra & Mahindra but now that its run up to the Rs 650-660 levels, it doesn’t seem to offer too much more upside from here. This could be a good point at Rs 650 levels to put up some shorts and it will move back down to trading range of around Rs 610-611. For traders you should be looking at playing that sort of a range and with the Nifty looking like its going to dip moves slightly downwards from here, We think it’s a good stock and in fact it’s been good sector to be short on at this point of time.

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