Stocks To Buy Tomorrow || Nifty Outlook 17 May

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The markets closed with significant losses today with all sectoral indices closing negative. The Sensex closed at 16032 (provisional), down 296 points from its previous close, and Nifty closed at 4859 (provisional), down 83 points. The CNX Midcap index was down 0.9% while the BSE Smallcap index lost 1.1%. The market breadth was negative with advances at 401 against declines of 1024 on the NSE.

NIFTY TREND FOR TOMORROW 17 May

Nifty ignores yesterday pullback and ends with heavy loss led by weak rupee and global markets. Nifty opens gap down by 70 points and tumbles day low of 4837. At the end nifty closed at 4858 level with loss of 1.7%. In coming session 4800 will be the crucial level for the nifty, if nifty manages to hold this level then bull may find some opportunity to take long position. In near term 4880/4920/4955 are the critical resistance while in downside 4830/4800/4870 are the support levels.

SHARE MARKET TREND || ADVICE FOR TOMORROW 17 May

1. BUY Jain Irrigation Systems Ltd

2. BUY Sun TV Network Ltd

3. BUY Oil And Natural Gas Corporation Ltd........click for TGT & SL

Short Term Stock Tips

1. BUY Bharat Heavy Electricals Ltd. Short Term Target 230 Stop Loss 205 

2. BUY IDBI Bank Ltd. Short Term Target 110 Stop Loss 82 

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