Wednesday, January 2, 2013
Stock Tips and Nifty Trend For Tomorrow: 3rd Jan
The Nifty closed at 5993, up 42 points after touching 6006 intra-day. This is the first time in two years that the index has topped the psychological 6000-mark. The Sensex closed 19714, up 133 points over the previous close.
Capital goods, oil & gas, banking and automobile shares were among the star performers of the day, while investors continued to trim positions in defensive sectors like IT, FMCG and pharma.
Nifty Trend For Tomorrow:
After getting 6000 level nifty turn back to 5990 level. Now Nifty has a consolidate trend for tomorrow. Fiscal cliff issue will decied the Nifty trend tomorrow. If it passed in American Cabinate then nifty may get positive. Although Nifty has a strong support at 5940 level and a resistance at 6070 level for tomorrow.
Stock Tips For Tomorrow:
Buy JP Associates; target of Rs 118 in a week with a stop loss of 90.
Buy Maruti Suzuki; target of Rs 1700 for long term and stop loss at 1460.
Buy Unitech at CMP with intraday target of 36 and a stop loss of 33.80