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The market turned positive amid choppy trade, aided by oil & gas, steel, technology and select banks stocks. European markets too were positive. Thus we can say, the first trading day of the New Year turned happy for investors and gave a green start. Indian stock market today opened with a quite note but in the Mid session it took a smart turn and painted market with green color. Share market breadth is positive and almost all stocks welcomed new year with happy gaining. Sensex closed at 15533, up 79 points (provisional) and Nifty at 4640, up 15 points (provisional) from the previous close.
NSE INTRADAY TIPS FOR TOMORROW 3 JANUARY 2012
Indian share market today gave a marginal gains, share market trend for tomorrow is considered to be volatile as today also we witnessed a subdued session. Trade with cautious as news from domestic as well as Europe markets may turn the direction of market anytime. Nifty may behave choppy and edgy at some points. NSE INTRADAY TIPS for tomorrow 3 January 2012 is as follows :-
1. BUY Coal India Ltd.Short Term Target 325 Stop Loss 308.
2. BUY Tata Motors Ltd.Intraday Target 190 Stop Loss 180.
3. Buy ICICI Bank with a target of Rs 724 and stop loss of Rs 680.
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