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The Indian share market opens for trade this morning on a negative note on the back of soft global cues. On the daily chart the Nifty has again taken support around the 200 day moving average (DMA) i.e. 5154 and has bounced from there. Now the Nifty is expected to move down till 5050 levels with resistance around 5314. But if it sustains above the 200 DMA and 5314 levels then the positive alternates will open up.
Intraday NSE Trading Tips
1. Jindal Saw Ltd share tips- BUY with a target of Rs 188 and a stop loss of Rs 173
2. ITC Ltd stock tips- BUY with a target of Rs 235 and a stop loss of Rs 221
3. Infosys Ltd share tips- BUY with a target of Rs 3000 and a stop loss of Rs 2840
4. Bank of India stock tips- BUY with a target of Rs 390 and a stop loss of Rs 352
5. Shree Cements Ltd share tips- BUY with a target of Rs 3200 and a stop loss of Rs 2950
6. Bombay Dyeing & Manufacturing Company Ltd stock tips- BUY with a target of Rs 590 and a stop loss of Rs 574
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