StockMarket Trend Today 16 March :- Due to dull business in AsianMarkets and Before the budget Indian Stock Market beginning withslowdown. Sensex down 19 points at 17 657 and Nifty opened at 5380without any changes. Market has picked up in early trade. TodayMarket monitor to budget. From Common Man to Corporate, Agricultureto Stock Market, Budget is being to decided everyone's fate. In thebudget expected to be FDI and ECB realted announced therefore realtystock rose by 1%. However expected to increase import duty on PowerEquipment so Power and Capital Goods stock 1% faster today. Oil andGas share are dull. Bank, IT, Technical, PSU, Healthcare, FMCG,Metal stocks is up by 0.5 to 0.25%. Consumer durables share is 1.25%decline. Expected to grow the excise on diesel trains, Auto sharesslipped by 0.75. Tata Motors has dropped 2%. Maruti Suzuki, HeroMotocorp, M & M, Reliance Industries, Bajaj Auto is weakness of1 to 0.5%. U.S.Market :- Due to good economic data U.S. Markets saw strength of0.5% on Thursday. Number of Unemployed has reduced and reached 3.5million and Manufacturing sector growth has been higher than expectedin February. S & P 500 closed above 1,400 this is the firsttime since June 2008.
AsianMarkets seems mixed business. Shanghai Composite is up 0.75%.Singapore Nifty in green. Hang Sang, Nikkei, Cospi, Taiwan compositesare losing slightly.
IntradayTips / Stock positional advice on today 16 March 12
TataMotors Buy For 2 To 3 Days, Target – 310 - 320, Stoploss -276.
Educomp Buy For 1 To 2 Days, Target - 215, Stoploss –202.
Jet Airways Buy For 1 To 2 Days, Target - 350, Stoploss – 317.
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