Monday 13 August 2012

Intraday Tips for Stocks Today: Outlook market Review for Monday

 After the last closure on Friday, Sensex opened in Green on Monday. Sensex was marginally up with a gain of 0.10 percent early this morning. The stocks which catalyst the market were ONGC, Sun Pharmaceuticals Ltd. and Bharti Airtel. The broader share index, Nifty was trading flat at 5320.55.
Sensex was up with 20 points and was trading at 17578.30. stocks which were among the market gainers were- ONGC with a market gain of 3 percent, Sun Pharmaceuticals at 1.1 percent and the telecom company, Bharti Airtel at a profit of 1.9 percent.
The Bombay Stock Exchange Oil and Gas index was up 1.01 percent, the BSE PSU Index increased 0.7 percent, the BSE Reality index was  up 0.5 percent. Though all the indexes were trading in green but BSE Capital Good index was trading in red with a decline of 0.24 percent.

The top traded stocks today were- SBI with 0.23 percent gain, ONGC which was at a gain of 2.15 percent, Hindalco with 1.46 percent change and Maruti Suzuki with 1.16 percent profit.

Siemens declined over 3 percent in the early trade. Other stocks which were under pressure today included- L&T, ICICI Bank, Axis Bank, Tata Motors, Tata Steel, M&M and JP Associates.


Stock Intraday Advice today:

nifty tips1.  Sell TCS at Rs 1280-1290 with a target of Rs 1250-1245 and stop loss of Rs 1300,
     The stock is currently trading at Rs 1273.60, down 0.3% on the BSE. 
2.  Buy Hindalco with a target of Rs 131 and stop loss of Rs 120.
     The stock is currently trading at Rs 123.15, up 0.3% on the BSE. 
3.  Sell Jaiprakash Associates with a target of Rs 72 and stop loss of Rs 76.
     The stock is currently trading at Rs 74.60, down 0.7% on the BSE.
4. Buy Tata Steel with a target of Rs 440 and intra-day stop loss of Rs 389.40.
     The stock is currently trading at Rs 395.50, down 1.2% on the BSE.
5. Sell Opto Circuits with a target of Rs 143 and stop loss of Rs 158. 
    The stock is currently trading at Rs 150.10, down 2.3% on the BSE.

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