Monday, 13 May 2013

May 13, 2013 Markets are weak & Indian stock market Nifty below range of 6100 & Indian currency down

Intraday Trading Tips, Cash tips, Intraday Trading, Share Trading Tips, Equity Market Tips

         US currency hick of $ 31 Paise of 54.48 & down to Indian currency that’s why the Indian domestic markets are down, Sensex los our position & down to -49 Pts. & reach on 20073 & Nifty also down with -10 Pts. & reach on 6,097 at early morning trade. Market is straggle to our previous position but 10:15 stock market more down Sensex slip -154 Pts. at last trade 19,967 & Nifty slip -41.60 & last trade at 6,065.00 & market on under pressure.  

Indian market stock review

Other sector index review FMCG, Capital Goods, Auto, TECK, Bank, Metal index has down with 0.6-0.2% & Realty, Power stock index are down. CD & Health Care index are up 0.75-0.25% in every setor.

Asian Market review

European markets are also of weak. Nikkei market up the 1.5% to reach a height of 5 years in the Yen. The Hang Seng loss 1% Taiwan Index, Shanghai Composite, Straits Times has down from 0.5 to 0.2 per cent.

Today BUY & SELL call of May 13, 2013

BUY Allahabad Bank Intraday Target 125/127/129   Stop Loss 120   Last Traded at 123.85
BUY TVS Motor Company Ltd. Intraday Target 41/43   Last Traded at 39.80
SELL Bank of Baroda Intraday Target 692/687   Stop Loss 70   Last Traded at 697.70
SELL Raymond Ltd. Intraday Target 303/300/297   Stop Loss 310   Last Traded at 306.25

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