Tuesday, May 8, 2012

NIFTY TREND FOR TOMORROW 9 May 2012

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The Indian share market cracked in late trade to end at the lowest point of the day and with huge losses after a sell-off seen in banks (following poor Q4 earnings), IT, realty and capital goods. The Nifty closed below 5000 for the first time since January 18, 2012. Global weakness weighed on the Indian markets too as uncertainty loomed large over Europe post election results in France and Greece. Sensex shut shop at 16546, down 366 points and Nifty at 4999, down 114 points from the previous close.

NSE BSE TIPS FOR TOMORROW 9 May

1. BUY Bosch Ltd. Intraday Target 9,280 Stop Loss 8,906 
2. BUY GAIL (India) Ltd. Intraday Target 330 Stop Loss 322

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