Thursday, December 6, 2012

Market is Looking Bullish: Intraday Tips For Tomorrow: 7th Dec

Maltibrand FDI in retail market in 2012 is expected to pave the way to reach new record levels. Sensex up 95 points at 19487 and Nifty closed 30 points higher in 5931. 

Midcap stocks appear again faster than veterans. Nifty Midcap Index was up 1.25 per cent. BSE Smallcap Index gained 0.5 percent. Realty shares surged between 2 per cent. Power, bank, consumer durables, oil & gas, PSU, auto, metal, capital goods, FMCG stocks rose by 1 to 0.5 per cent. Healthcare shares are dull. The second day there was heavy selling in IT and technology stocks IT - tech stocks up 1.5 per cent broken.

Share Market Tomorrow
Maltibrand retail FDI issue in the Rajya Sabha after the victory gained momentum in retail stocks Provogue, Brand House, Cantabil Retail, Retail Kutons, Projon Capital, Shoppers Stop, Pantaloon Retail surged between 6.5 to 0.5 per cent. National Investment Board is expected to approve a cabinet Adani Power, IVRCL Infra, JP Associates, Reliance Power, Reliance Infrastructure, Infrastructure stocks like BHEL rose 7.5 to 2.5 percent.

Nifty For Tomorrow
These are the real issues for the trend of the market tomorrow. For tomorrow market is in bull face. Nifty is looking to get 6000 level tomorrow. Looking for the resistance at 6000 and a support of 5860 level for tomorrow.

Intraday Tips For Tomorrow:
Buy Infosys Ltd. above 2345 level to get the target of 2365 and put the Stop loss at 2332

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