Thursday 9 August 2012

Share Tips & Market Overview

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Share Market Overview

The Indian share market opens for trade this morning on a positive note. Sensex is trading at 17682, up 82 points from its previous close, and Nifty is at 5361, up 23 points. CNX Midcap index is up 0.3% and BSE Smallcap index is up 0.2%. .Today, the Nifty needs to trade above 5348 for sentiments to be positive. There is support levels for nifty at 5320-5302 and resistance levels at 5366-5394.

Stock Tips : 9th Aug 2012

BUY Indiabulls Real Estate Ltd.
Intraday Target 58  
Stop Loss 54

SELL State Bank of India
Intraday Target 1,995  
Stop Loss 2,025

BUY Bharti Airtel Ltd.
Intraday Target 271  
Stop Loss 260

BUY Lakshmi Machine Works Ltd.
Intraday Target 1,930  
Stop Loss 1,720

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