Sure Intraday Tips
The Indian market opens for trade the first day of the week on a flat-to-negative note following disappointing RIL results announced on Friday. On Friday, the US markets ended higher with the Dow up 96 while most of Asia is shut today. Sensex is trading at 16721, down 17 points from its previous close, and Nifty is at 5042, down 6 points. CNX Midcap index is up 0.8% and BSE Smallcap index is up 0.1%. The market breadth is positive with advances at 277 against declines of 216 on the NSE.
Buy Suzlon Energy with targets of Rs 26.50 and 28 and stop loss of Rs 22. The stock is currently trading at Rs 25.35, up 3.1% on the BSE.
Buy Titan Industries ith an intra-day target of Rs 198 and stop loss of Rs 189. The stock is currently trading at Rs 194.90, up 1.5% on the BSE.
