Market Trend 4 Jan 2012 :- Due To strong signal fromInternational Market, India Stock Market looking lightly fast.Sensex up 28 points on 15 967 and Nifty gained 10 points to open at4775. However in early trading market were in red. Currently Sensexfell 19 points at 15 920 and Nifty fell 8 points to 4757 levels. Consumer durables stocks is up 0.5 percent and Oil &Gas, Power, IT, Capital Goods stocks are strong. Realty shares havefallen 0.5 per cent to 0.75 per cent . Auto stocks. Metal,Healthcare, Banking, FMCG and Tech sector in weakness. Intraday Tips For 4 January 2012
Buy SBI Stoploss - 1650, Target - 1775 - 1800.
Buy ICICI Bank Stoploss - 705, Target - 770.
Buy Tata Motors Stoploss - 186, Target - 210.
L &T Buy For 1 To 2 Days , Stoploss - 1046,Target - 1083 – 1098.