11 November 2013

Profitable Intraday tips Market Updates for Intraday Trading

Intraday Tips for Day Trading
Today the Intraday Market has opened in the negative terrain. The Sensex is down 174.88 points at 20491.27. The Nifty slips 26.05 points to 6114.70. About 241 shares have advanced, 204 shares declined, and 20 shares are unchanged. HDFC Bank, ICICI Bank, NTPC, L&T and Bajaj Auto are major laggards in the Sensex. Among the top gainers are Dr Reddy's Labs, Tata Steel, Cipla, Wipro and Infosys.
If currency markets sense oil related dollar outflows, rupee could come under medium term pressure. The range for the day is seen between 62.2-62.8/USD,"
Indian markets witnessed selling pressure for the fourth consecutive day on Friday, led by losses in consumer durable, oil & gas, banks and PSU stocks. Dollar firms against euro after ECB cut and US jobs data ahead. French Trade Balance at -5.8 B. Nifty down by 40 pts, closed at 6146. Sensex down by 145 pts, closed at 20677. Europe is in red. 
In Asia, index heavyweight Softbank rose 2 percent while automakers Toyota and Honda motor jumped over 1 percent each. Data out on early Monday showed Japan's current account surplus unexpectedly rose an annual 14.3 percent in September.
In commodities, Brent trades at USD 105/bbl and Nymex futures trade firmer in early Asian trade after meetings between Iran and six western nations failed to reach a deal on Tehran's nuclear programme. 

Intraday Stock Cash Market tips:-

  • SELL AXIS BANK(LCP-1171.3) BELOW 1170 TG-1162-1150
  •  SELL AUROBINDO PHARMA(LCP-238.45) BELOW 238 TG-235-231
  • BUY UNITED BREWERIES (LCP 822.9) ABOVE 825 TG-832-842
  • SELL BF UTILITIES(LCP-327.65) BELOW 325 TG-320-313

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