The last week was yet another one which saw the markets losing over 4.5% n sensex and 4.1% in nifty. Banking,FMCG and Capital goods were the worst hit stocks. On the last trading session on Friday the sensex lost 257 points or 1.52%. The US markets also closed the last trading session with huge losses in which Dow and Nasdaq lost 1.16% and 0.81% each. The Asian markets have started the trading in red this morning. The rising crude oil prices is putting a lot of pressure on the global markets with $135/barrel and gas prices increasing continuously.

So the Indian markets are also expected to remain subdued today. Analyst are expecting the sensex to remain in the range of 16,000 to 17,500 levels in the coming month based on the current trend. The next important support levels for nifty are at 4920 and 4800 levels.

Now time for some intra day calls for today:

SEL manufacturing (cmp 480),  Balaji Telefilms(cmp 181), TV-18 (cmp 328), Gitanjali Gems(cmp 306),Lupin(cmp 684), Suzlong Energy(cmp 296), TATA chemicals(cmp 384),Sita Shree Food Products(cmp 93).

Please trade with caution today and in coming days as markets are expected to remain volatile. You can subscribe to the full feeds of the blog to get all the tips in your mailbox directly.

Powered by

Related posts:

  1. Market Updates And Intra Day Calls For May 20
  2. Markets Remain Up:Gains 91 Points,Intra Day Calls For Today
  3. Intra Day Calls For May 23
  4. Intra Day Calls For May 16
  5. Indian Markets To Remain Down: Intra Day Calls For May 21
  6. Free Intra Day Calls For May 14

Enter your email ID and subscribe to get similar articles in your mail

Delivered by FeedBurner