MarketTrend 20 Jan 12 :- Due to strong Signals from internationalmarkets, domestic markets have started to rise nearly 0.5 percent.Sensex up 101 points on 16 745 and Nifty gained 26 points are openat 5044. Consumer Durables, Realty, Bank stock is faster 1.25 to1%. IT, Power, Technology, Metal, FMCG, Capital Goods Share hasclimbed from 0.75 to 0.5 per cent. Healthcare and GovernmentShare is 0.25 % on strength. Wipro's share are 4 % up due to Goodresults. Oil & Gas stock are in mild weakness. Before the resultof Reliance its share is around 1% fall. Coal India, Maruti Suzuki,Hindalco, Hero Motokorp stock are 1.5 to 0.5 % weak. Good news fromthe economy on Thursday US Market rose 0.5%. the number ofunemployed Close to reached 3.5 million which is the lowest in 4years.
Intraday Tips 20 January 2012
PantaloonRetail Buy For 1 To 2 Days, Stoploss - 160, Target - Rs 180.
AbanOffshore Buy For 1 To 2 Days , Stoploss - 425, Target - Rs 470.