Stock Market Trend 16'Feb'12 :- Due to weakness from International markets Indian Share Market is also beginning to decline trend. Sensex down 39 points at 18163 and Nifty is open down 18 points to 5514. After the reports of Fuel supply agreements with power companies Coal India share fall by 3%. Power, Capital Goods, FMCG, Tech stock is 0.75 to 0.25 faster. IT share also are strong today. Sterlite Industries, Hindalco, Reliance Industries, Tata Motors, Tata, Bajaj Auto, Maruti Suzuki, Tata Steel, DLF, Hero Motokorp, ICICI Bank, HUL share are decline 2 to 0.5 % each. Kingfisher Airlines stock strength is 3.75% despite poor results. After the record speed on Wednesday today Nikkei is decline about 0.5%.
Intraday Tips / Positional Share Calls on 16 February 2012
Sintex Industries Buy For 1 To 3 Days, Stoploss – 96.7, Target - 130.1 - 108.1.
M & M Buy For 2 To 3 Days, Stoploss - 7207, Target - 760.
Sun TV Buy For 2 To 3 Days, Stoploss – 316, Target - 342.