Stock Market Live Tips 2 june

Market Trend FREE

• Buy and Hold #KPIT at Rs179-180 with SL of Rs176 for target of Rs185, 186.
• High Risk Traders Buy & Hold United Phosphorous at Rs161 with SL of Rs158 for Target of Rs167
• Buy & Hold Reliance Infra at Rs583-584 with SL of Rs576 for Target of Rs600.
• Buy & hold Cipla at Rs330 with SL of Rs326 for target of Rs338
• Long SBI June Fut at Rs2317 with a SL of Rs2297 for a Target of Rs2357

Stock Market Review for this Week

The markets closed flat today after volatile session as a result of high crude prices. Banking, auto and IT gained moderately while capital goods was among the prime losers in today's trade. The Sensex closed at 18486, down 3 points from its previous close, and Nifty shut shop at 5538, up 2 points. The CNX Midcap index was up 0.2% and the BSE Smallcap index was down 0.3%. The market breadth was negative with advances at 612 against declines of 687 on the NSE. The top Nifty gainers were Reliance Power, Tata Power, BPCL and Hero Honda and prime losers included L & T, JP Associates, Maruti and SAIL.


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