Stock Market Intraday Calls for 11th Oct 2012

The Stock market slugged 22.66 points in the early morning session on Thursday.  The BSE Sensex shed around 0.1 percent in the mornins session and opened at 18,608.44 while NSE Nifty shed 8.25 points and opened at 5,643.90. The early losers included the Infosys which lost 0.6 percent, SBI and HDFC.

On the other hand JP Associates gained 1 per cent ahead of the gain of 2.4 percent of yesterday.

The largest bank of the country, State bank of India plunged 1 percent, while the private sector ICICI Bank declined 0.24 percent.
The Stocks in the stock market trading under pressure included BHEL which descended 1.5 percent in continuation of the loss from the previous day's 2 percent. NTPC, Sterlite, Hindalco, Bajaj Auto, Maruti, HDFC, L&T and M&M were also following in line.

The BSE Realty Index was trading 0.8 per cent higher while the BSE Oil & Gas Index was trading low 0.28 per cent. The BSE Power Index was down 0.3 per cent, the BSE IT Index declined 0.23 per cent and the BSE Capital goods Index was down 0.16 per cent. 
The BSE midcap index was trading flat, while the BSE Smallcap index was up 0.14 per cent. 

Stock Market Intraday Calls

1. Reliance Capital Ltd BSE -1.05 % is a 'SELL' call with a target of Rs 425 and a stop loss of     Rs 450 

2. PTC India Ltd BSE -1.54 % is a 'SELL' call with a target of Rs 60 and a stop loss of Rs 71 

3. IRB Infrastructure Ltd is a 'SELL' call with a target of Rs 140 and a stop loss of Rs 153 

4. Financial Technologies Ltd is a 'BUY' call with a target of Rs 1050 and a stop loss of Rs 980 

5. JP Associates Ltd is a 'SELL' call with a target of Rs 97 and a stop loss of Rs 83 

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