Stock Trade Tips

The Indian market opens for trade the last day of the week on a firm note on the back of positive global cues. Earlier, the US markets ended higher while Asia is in the green at this hour. Sensex is trading at 16730, up 80 points from its previous close, and Nifty is at 5039, up 21 points. CNX Midcap index is up 0.5% and BSE Smallcap index is up 0.1%. The market breadth is positive with advances at 454 against declines of 169 on the NSE.

Buy DLF with a target of Rs 230-235 and stop loss of Rs 203.40. The stock is currently trading at Rs 215.15, up 2.2% on the BSE.

9:32 AM - Buy PFC with a target of Rs 174 and stop loss of Rs 158. The stock is currently trading at Rs 163.50, up 0.2% on the BSE.

9:25 AM - Buy RIL with a target of Rs 810-820 and stop loss of Rs 775. The stock is currently trading at Rs 778.50, down 0.9% on the BSE.