Market mood for today

Today 7th October 2011 market open after a holiday of dashera,cues from American market bullish from last two days Dow Jones and NASDAQ almost up 4% in two trading session  ,yesterday hangseng index up by nearly 1000 point showing a sharp up moov .
Indian stock market looking to open on higher note today sgx nifty showing up moov since last closing and trading around 4850 rise of 80 point from nifty close on last. market to open high around 4830 but looking resistance around it if it maintain this level for 1 hour short covering seen in market ,up moov expected in banking ,IT and metal stocks .Buy only selective stock with properly stop loss to avoid loss,
Buy INFY,SBIN  and VIP for bumper profit in intraday with stop loss.
Buy infosys around 2460-70 with stop loss of 2435 for target of 2540 .
Buy sbin around 1720-35 with stop loss of 1695 for target of 1770.
Buy vip around 860 with stop loss of 834 for target of 915.

No comments:

Post a Comment