Stock Tips to Double Your Profit

Indian Stock market is down due to weakness in Asian markets. BSE index Sensex is trading at 27820 mark fell by more than 250 points, while Nifty is also trading with 86 down points.

All the sectors on NSE are trading in Red today. Among most falling index there were Media index fell by 1.49 per cent, PSU Bank index fell by 1.30 per cent and private bank index down by 0.98 per cent....

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Intraday Nifty Tips and Trend For Today 23rd March

Intraday Nifty Tips For Today 23rd March

The 5-6% downside seen in the Indian equity market is not a full fledged correction. In this correction, one could look at buying largecap FMCG stocks and midcap pharma. We are not very optimistic on banking sector but does not advise a sell for those holding them. In case the banks decide to pass on the RBI interest rate cut then they could become a buy.

Nifty Trend Today

We expect Nifty to trade between 8450-8680. Nifty has a support at 8450-8500 spot zone.

Intraday Tips for Today:

• TCS has taken a support of short term MA. We recommend a buy above Rs 2620 with the stoplos of Rs 2580 for the target of Rs 2680.
• LIC is looking bearish today, We recommend a sell in LIC Housing (Mar Future) below Rs 455 with the stoploss of Rs 475 for the target of Rs 425.

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Buy raymond limited future above 420 tg-421.50/423.50/426 sl-417.80.

Buy l&t around Stocks rs 1314.-1324.7; sl rs 1308; tgt rs 1341.3-1368.3

Buy rel infra in range 419-21 tgt 427/432 sl 4142.

Sell bharti airtel shares in range 376-78 tgt 372/367 sl 382

Sell pidilite industries stock around rs 154.3-152.3; sl rs 156; tgt rs 148.7-143

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Buy nifty only abv 5060 t 5090-5120 sl 5030

SELL VIP INDS FUT AT 115 SL 117 TR 111/108

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MCX gold feb 2012 contact yesterday ahs closed at 29264.00 Rs. Per 10 gram .Today mcx gold feb 2012 will be having resistacne at 29362.67 – 29461.33 – 29643.67 and suppot for gold today will be at 29081.67 – 28899.33 – 28800.67