Market Trend Today 09-Dec
The Indian market opens the last trading day of the week on a weak note as indicated by nervous global cues ahead of the European leaders meet today. Sensex is trading at 16200, down 287 points from its previous close, and Nifty is at 4855, down 88 points. CNX Midcap index is down 1.2% and BSE Smallcap index is down 0.6%. The market breadth is negative with advances at 68 against declines of 545 on the NSE.
Sell VIP Industries with a target of Rs 90 and stop loss of Rs 109. The stock is currently trading at Rs 100.25, down 3.4% on the BSE.
Sell VIP Industries with a target of Rs 97 and stop loss of Rs 107. The stock is currently trading at Rs 99.70, down 3.9% on the BSE.
Sell Reliance Power with a target of Rs 77 and stop loss of Rs 87. The stock is currently trading at Rs 82.70, down 1.3% on the BSE.
Sell Reliance Power Futures with a target of Rs 81 and stop loss of Rs 86. The stock is currently trading at Rs 82.65, down 1.3% on the BSE.
Sell DLF with a two-day target of Rs 206 and stop loss of Rs 220. The stock is currently trading at Rs 210.10, down 2.7% on the BSE.
