Tuesday, October 11, 2011

LIVE TIPS : Tuesday 11 Oct

INDIAN SHARE MARKET, NIFTY LEVELS TODAY, BEST STOCKS TO BUY NOW, SHARE MARKET TREND TODAY, GOOD STOCKS TO BUY RIGHT NOW, SGX NIFTY

Indian share market yesterday i.e. on 10 Oct closed with positive gains. Today also market breadth is positive and both the benchmarks nifty and sensex are on up trend. SGX Nifty is also at 5033, up 33 points. Europe and Asia too closed higher, so it will help the Indian share market to remain positive on the second day of the trading session. Once the market have shown the strong rally it will move upwards and the stocks which are under performing will perform outstanding.

NIFTY SUPPORT & RESISTANCE

First resistance for nifty is at 5007-12 level. Next resistance ranges are at 5034-38,5055-60.
First support is at 4949-45 level. Next supports are at 4918-15,4898-95

BEST STOCKS TO BUY NOW
Following are the stock market recommendations for the day :-

1. BUY VIP Industries Ltd with a target of Rs 936 and a stop loss of Rs 916

2. BUY Aban Offshore Ltd with a target of Rs 390 and a stop loss of Rs 355

3. BUY HCL Technologies with a target of Rs 426 and a stop loss of Rs 406

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