Monday, 28 January 2013

NSE Nifty slips 0.08% in early trade n Tuesday, lead by losses in Bank, FMCG, Auto, Realty and energy stocks, getting cues from Reserve bank of India policy meet today. The index touched high of 6075.70, and low of 6056.15, traded in negative bias. Hope rate cut and third quarter earnings result may fuel market and investing activities.

Axis Bank, Tata power, power Grid, JP Associates, CIPLA and ACC gained, ONGC, Hero Motocorp, TATA Steel, M&M, SBI down today.

Intraday Future stock Tips

Buy Axis Bank Future Jan 31 2013 contract Target 1486.00 stop loss 1454.00.

Buy LIC Housing  Future Jan 31 2013 contract Target 294.00 stop loss 281.00.

Sell BHEL Future Jan 31 2013 contract Target 221.00 stop loss 232.00.

Option Tips

Sell Reliance infra Call Target 0.05 stop loss 35.00.     


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