Sure Shot Share Tips
The Indian market opens for trade this morning on a quiet-to-flat note. Earlier, the US markets ended higher with the Dow up 70 and Nasdaq up 26 odd points while Asia is mixed at this hour. Sensex is trading at 16174, up 9 points from its previous close, and Nifty is at 4851, up 2 points. CNX Midcap index is up 0.5% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 398 against declines of 162 on the NSE.
Buy Hindalco with a target of Rs 130 and stop loss of Rs 118. The stock is currently trading at Rs 126.20, up 2.6% on the BSE.
Buy Tata Motors with targets of Rs 207 and 212 and stop loss of Rs 201. The stock is currently trading at Rs 206.50, up 0.8% on the BSE.
Buy Rolta India with a target of Rs 75 and stop loss of Rs 63. The stock is currently trading at Rs 68.60, up 1.8% on the BSE.