Monday, December 17, 2012

Stock Tips: Nifty Trend For Tomorrow: 18th Dec

The market is beginning to cool this week. This morning there was a slowdown in the market. Sensex and Nifty Index were up early giants. Finally Market close in a down trend today where BSE Sensex is down 0.38 percent while the Nifty falls 0.37 percent.

Tata Consultancy Services falls 3 percent on caution ahead of a scheduled meeting between the management and analysts later in the day amid concerns the software services provider will deliver a downcast view on the sector. Infosys falls 0.6 percent. However, some interest-rate sensitive stocks gain ahead of the central bank's policy review on Tuesday. 

Nifty Trend For Tomorrow:
Nifty is in under pressure now. Today it hits an intraday low of 5780 level in early morning session. Then it goes flat and closed at 5857.90 down by 21.70 points. Nifty is looking to get 5920 level tomorrow if it get the 5880 level else below the 5820 level it will stay in a down trend.

Stock Tips For Tomorrow:
BUY Punjab National Bank for Intraday Target of 851 with a Stop Loss of 829.
BUY United Phosphorus Ltd. for Long Term with a Target of 178 and Stop Loss at 105.
BUY Reliance Broadcast Network Ltd. for Short Term Target of 46
BUY State Bank of India for Intraday Target 2490 and a Stop Loss at 2285.

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