Indian stock market trading | Share tips | 13 Feb

Indian stock market trading

Interim budget on 16 Feb holds the key to market direction. Today weak cues from the global markets led to poor sentiments of the market. Fall in IIP data also added to poor sentiments in the market. The industrial output for the month of December 2008 fell 2% as compared to a rise of 8% (YoY).  Inflation number fell to 4.39% for the week ended 31st Jan 2009 from 5.07% and the same has not been able to enthuse the market. Globally investors remained doubtful regarding the U.S. economic stimulus plan. Market is likely to be lack lustre as people will intend to stay away from market in view of impending budget. BSE Sensex enjoys support at 9430-9307-9178 and resistance exists at 9825. NSE Nifty support exists at 2845-2810 and resistance exists at 2975. One can relax tomorrow and should avoid going aggressive.

Stock market analyst tips result

Dredging corpn profit Rs 1280, Hind Zinc profit for sell recommendation was Rs 285, SBI gains for the day were Rs 1150,Adlabs made money from share market a sum of Rs 220.  BHEL and JB chem did not reach the entry price and thus the trade was not executed.

Online stock market | Best stock tips

Sell Hind Zinc<332.8,330,326,323 sl 333.1
Buy Dredging Corpn>241.1,245.6,249 sl 238.8
Buy SBI>1165.1,1175.5,1180 SL 1157.8
Buy Adlabs>171.1,173.7,175.3 sl 168.7
Buy Ambuja cements>74.75,75.65,76.4 sl 72.7
Buy India Cement>106.5,109.6,113 sl 102.5
Buy DLF>157.6,160.5,162 sl 153.9
Buy Voltamp>374.1,386 sl 369.5

Current indian stock market | Strong Futures

WWIL, APIL, Renuka, BEML, Polaris, Shree Cem, Nagar Fert, Jindal Steel, Amtek Auto & Sesa Goa

Share picks | Weak Futures

GDL, Aban, DLF, HDIL, Tulip, Punj Lloyd, Omaxe, Jindal Saw, Yes Bank & Tata Tea

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