Monday, June 18, 2012

Share Market Trend Today || Live Tips

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Indian share market today opens on a positive note. The Reserve Bank of India (RBI) is expected to cut interest rates on Monday in a bid to breathe fresh life into a sputtering economy even as inflation remains uncomfortably high.


Traders who already hold long positions should slowly liquidate them once Nifty crosses 5, 200 levels. One should avoid building new long positions ahead of the monetary policy because there is significant amount of risk. If the market’s reaction is favourable to the policy then perhaps we can see another 100 points on the upside and that will be the time to enter the markets.


DB Corp, Coal India, Sesa Goa, Jubilant Food, Tulip Telecom, Reliance Infra, Hercules Hoists, Bharti Airtel, Tech Mahindra, TTK Prestige, Corporation Bank, Financial Technologies, Grasim Industries, Tata Motors, Engineers India. 

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