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Nifty may cross 6870 | Free stock tips | Mcx tips | Intraday tips | Intraday Equity Commodity Tips







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Wednesday, 23 April 2014

Nifty may cross 6870 | Free stock tips | Mcx tips | Intraday tips

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Today market seems to have energy .Nifty has made a new record . On morning at 10:31 am , the Sensex rose 91 points to 22,849 and Nifty gained 21 points at 6836 levels . Midcap and Smallcap stocks rose 0.5 per cent .

Capital goods stocks rose 1 percent . Healthcare , oil & gas , consumer durables , technology , IT , auto , bank stocks are traded with 0.8 to 0.4 percent strongness . FMCG and metal stocks have a slight edge . However , realty shares fell 0.5 per cent . Power stocks are under pressure .

IN Nifty Kotak Mahindra Bank , Sun Pharma , BHEL , Bharti Airtel , L & T , GAIL , Axis Bank , ONGC , Ambuja Cements , Hero Honda Motors , Dr Reddy's , Infosys rose from 1.7 to 1 per cent .

In big stocks DLF broke by 2.5 percent. IndusInd Bank , HCL Tech , NTPC , HDFC , Asian Paints , Sesa Sterlite , Power Grid , UltraTech Cement , Hindalco , Grasim fell from 1 to 0.25 per cent .

In midcap VST India , Rallis India, Prestige Estate , Gujarat Flourochem ,RCF are 6.3 to 3.6 percent strong .While Phoenix Mills , Biocon , Muthoot Finance , IIFL Holdings , India Cements are weak by 4.5 to 2.3 per cent .

In Smallcap stocks Mangalore Chemicals, Welspun India , Simplex Infra moved up by 12-7 percent .While Disha India , Alliance Inti , Swaraj Engines , Atul Auto , Kirloskar Brothers fell from 5.5 to 3 per cent .

Trading Tips For Today 23 April
  •  MTNL : BUY-17.15 TARGET-20 SL-17
  •  L & T FINANCE : BUY-68.50 TARGET-73 SL-67.5
  •  DCW : BUY-14 TARGET-14.7 SL-13.7
  •  RALLIS INDIA : BUY-166.7 TARGET-173 SL-164.5
  •  PATEL ENGINEERING : BUY-75.40 TARGET-90 SL-75
  •  DCB : BUY-65 TARGET-67.5 SL-64
  •  KARNATAKA BANK : BUY-119 TARGET-124 SL-117  
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