It was the first weekly close below 5000 for our market since the start of 2012. BSE's Sensex fell 538 points in the week to close at 16,292.98 points, while Nifty slid 157 points to end the week at 4,928 points. Shares of banks, IT firms and metal sector companies led the fall. Although today market has opened with a buying pressure at 4930. The buying opportunity emerges at 4955, one can make profit at these levels.

Sell Bombay Dyeing with a target of Rs 420 and keep a stoploss at Rs 456.

Sell MTNL with a target of Rs 21 and keep a stoploss at Rs 23.50.

Sell Essar Oil with a target of Rs 49 and keep a stoploss at Rs 53.

Buy Graphite India with a target of Rs 98 and keep a stoploss at 90.

Buy Glenmark Pharma with a target of Rs 480 and keep a stoploss at Rs 437.

Buy Tata with a stoploss at Rs 290 and for target of Rs 315

Buy BHEL with a stoploss at Rs 215 and for target of Rs Rs 235.

Get More Free Tips Just Click Here