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Sunday, 21 July 2013

MARKET VIEW FOR 22ND JULY 2013

Indian Stock Market on Friday closed in MIXED. Buoyed by strong results from IT major Tata Consultancy Services, the Indian stock market opened on a firm note on Friday, but then, turned quite choppy as the session progressed with investors turning cautious ahead of some key quarterly earnings reports.
Information technology stocks traded firm right through the session. After a slightly cautious start, automobile stocks gained in strength. Select stocks from the oil space moved up as well.
Intraday Trading Stock Tips "Short Term Calls" for 22 July 2013 :-
SELL ACC Ltd. Intraday Target 1229
SELL Aditya Birla Nuvo Ltd. Intraday Target 1035
SELL Bharti Airtel Ltd. Intraday Target 299.50
BUY IFCI Ltd. Intraday Target 32   Stop Loss 23.05