Share Market Trend 9'Feb'12 :- Due to weak Signs from Asian MarketsIndian Stock Market also have beginning with declined. Sensexdown 59 points on 17 648 and Nifty fell 25 points is open at 5343. Hindalco has lost 4 % and Sterlite Industries, Tata Steel, Sesa Goadecline 1.5 to 1.25%. Banking Stock also slipped today. TechMahindra is decline of 2% because of poor results. Greece's debtcrisis is expected to get resolved soon there for U.S Market getsupport. S & P 500 0.25% and Nasdaq Composite 0.5% were gained.Inflation rate increased in China has pressure on Asian markets.
IntradayTips and Position Recommendation For Share on 9 February 2012
HDIL BuyFor 1 To 3 Days, Target - 93 – 100 with Stoploss- 83.
JSW Steel Buy For 1 To 3 Days,Target - 768 – 790 with Stoploss - 733.
VIP Industries Buy For 3 To 4 Days, Target - 130, withStoploss - 114.