Nifty may cross 5000 Level Today...
The market is trading with strong gains on further buying in heavyweights. The market is moving from strength to strength and is trading near the day's highs. Sensex is at 16393, up 373 points from its previous close, and Nifty is at 4977, up 113 points CNX Midcap index is up 1.3% and BSE Smallcap index is up 1.1%. The market breadth is positive with advances at 1056 against declines of 312 on the NSE. The Nifty level of 4900 is a crucial one for the market. If the market goes above 5000 then we could see a runaway rally.
Intraday Stock Tips For Today
- Buy Emami with a target of Rs 525-550 and stop loss of Rs 485.
- Buy L&T with a target of Rs 1230 and stop loss of Rs 1190.
- Buy NTPC with a target of Rs 154 and stop loss of Rs 144.
- Buy DCB with a target of Rs 42.50 and stop loss of Rs 39.25
- Buy OBC with a target of Rs 238 and stop loss of Rs 223.
- Buy SBI with a target of Rs 2350 and stop loss of Rs 1990.
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