Tuesday, 29 January 2013

Nifty ended below 6050 loss 0.41% on Tuesday trading session. Trader booked profit after RBI cut repo rate by 25 bps. Nifty Index closed at 6049 decline 24.90 points touched high of 6111.80 and low of 6042.45.

Top Gainers at Nifty Axis Bank, JP Associates, Coal India, ITC and Asian paints while top Losers are Bank of Baroda, Hindalco, HDFC Bank, Bajaj Auto, Reliance infra.

Among Sectoral Index CNX Auto decline 42 points, CNX Energy down 95 points, CNX infra down 13 points, CNX FMCG gain 0.55%. Bank Nifty Declined 0.46%. 

Stock Future Tips

Buy Axis Bank Future Jan 31 2013 Target 1485.00 Stop loss 1459.40.

Sell SBIN Future Jan 31 2013 Target 2431.40 stop loss 2475.00.

Sell ICICI Bank Future Jan 31 2013 Target 1191.95 stop loss 1215.45.

Sell Tata Motors Future Jan 31 2013 Target 296.10 stop loss 310.85.

Buy Cairn India Future Jan 31 Target 336.80 stop loss 321.30.

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