Stock Trade Tips

The Indian market opens for trade this morning on a positive note. Earlier, the US markets ended flat with the Dow up 32 and Nasdaq up 2 odd points while Asia is in the green at this hour. Sensex is trading at 15974, up 159 points from its previous close, and Nifty is at 4786, up 43 points. CNX Midcap index is up 0.7% and BSE Smallcap index is up 0.6%. The market breadth is positive with advances at 484 against declines of 116 on the NSE.

Sell ICICI Bank with an intra-day target of Rs 738 and stop loss of Rs 753.

Buy SAIL with a target of Rs 90-91 and stop loss of Rs 82.

Buy Tata Steel at Rs 361 with an intra-day target of Rs 369 and stop loss of Rs 357