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Indian shares are expected to trade soft on Monday on account of subdued Asian markets and uncertainty ahead of RBI meet & January F&O expiry later this week. Based on charts perspective 5075 for the Nifty and 16860 on the Sensex are key levels to watch out for in coming trading days. A fall below 4900 on the Nifty will reverse the trend.
NIFTY TREND TODAY 23 JAN
Nifty Will have Support at 4997 For Intraday Which will be very Important to watch below Which 4811 Will be the target for the Week 4944 Will provide good support but 4811 will be the ultimate target below 4997, on the upside 5071,5106 will be the areas of supply for the week.
NIFTY FUTURES TIPS 23 JAN
Nifty future: intraday trend 23rd jan:- 5035 is crucial intraday level. support near 5010, 4990 & 4960. on the upper side it could test 5065, 5095 & 5130.
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RESULTS TODAY :- L&T, Maruti Suzuki India, Sterlite Industries (India), Idea Cellular, GAIL (India) and Kotak Mahindra Bank unveil Q3 results today, 23 January 2012
BEST STOCK TO BUY TODAY 23 JAN
Exide Industries Ltd stock tips- BUY with a target of Rs 138 and a stop loss of Rs 118
Allahabad Bank stock tips -BUY with a target of Rs 158 and a stop loss of Rs 139
Welspun Corp Ltd stock tips - BUY with a target of Rs 135 and a stop loss of Rs 113
Shriram Transport Finance Company Ltd stock tips - BUY with a target of Rs 590 and a stop loss of Rs 550
Suzlon Energy Ltd stock tips- BUY with a target of Rs 30 and a stop loss of Rs 20
SEARCHING FOR MCX COMMODITY TIPS 23 JAN ???????
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