!!!Sure Shot Stock tips!!!

Wednesday, 4 March 2015

Stock Market Updates and Intraday Tips

Sensex hits 30000 and Nifty at 9100 on RBI move ; to cut the repo rate by 25 basis point to 7.5 percent. 

RBI surprise to cut the repo rate just before its policy which will come in the next month but it kept the CRR unchanged at 4 percent. 

The Indian rupee opened higher by 26 paise at 61.66 per dollar. 

Sensex traded at 29905.55 , High – 30024.74 , Low – 29840.33 at 10:25 AM 

Nifty traded at 9082.65 , High – 9119.20 , Low – 9059.65 

Major gainers – SBI , ICICI Bank , Axis Bank , HDFC and M&M 

Losers – GAIL , Wipro , Dr Reddy's Labs 

PNB Ltd. has bottomed out at current levels. We recommend a buy above Rs 170 with the stoploss of Rs 164 for the target of Rs 180. 

Stock Tips - 

1. Bank of Baroda : Buy – 193.81 , Target – 196.4 to 200 , stop loss – 189.7 

2. Reliance Capital : Buy – 480.32 , Target – 485.3 to 490.5 , stop loss – 474.7 

3. IOB : Buy above – 50.5 , Target – 51.2 to 52.2 , stop loss – 49.4