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Indian stock markets are expected to trade flat-to-lower on Friday tracking muted Asian markets as worries about the euro zone debt crisis remained unabated. Little lower market in line with rest of Asia. Now for today 4720 nf will act as last hope support of bulls. On bounce 4770 nf first hurdle of bulls only breaking this range will set further moves from bulls or bears.
NIFTY OUTLOOK 6 Jan
Short term charts are indicating that as long as Nifty stays above 4680 the possibility of it touching 4800 remains open in this leg of uptrend and a fall below 4680 will negate the current uptrend.
Best Stocks To Buy Now 6 Jan (Subscribe Free On Mobile)
Exide Industries Ltd stock tips - BUY with a target of Rs 125 and a stop loss of Rs 111
ICICI Bank Ltd stock tips- BUY with a target of Rs 784 and a stop loss of Rs 733
GAL Ltd stock tips- SELL with a target of Rs 367 and a stop loss of Rs 388
Tata Power Ltd stock tips- BUY with a target of Rs 101 and a stop loss of Rs 89.50
MCX SILVER TREND TODAY 6 Jan 2012
Support for the Silver is 52113-51704
Resistance for the Silver is 53643-54963-55004-55508................ click for SILVER TIPS 6 JAN
