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Wednesday, April 25, 2012

Nifty Report & Best Stock Trading Idea For 26 April

Get Intraday NSE BSE Stock Tips Trading Strategy & Trend For Tomorrow, Thursday, 26 April 2012, Nifty Today, Nifty Range & Support-Resistance Levels for Tomorrow 26 April...fill the free tips form
Share Market Trading Report Today :The Indian market suffered a fairly sharp setback around noon after the ratings agency Standard & Poor's cut India's rating to 'negative'. It considered the slow progress on its fiscal situation, and deteriorating economic indicators. Downgrade of India by S & P had its negative impact on the markets but it recovered from the lows of the day to close with only marginal losses.
Best Buy/Sell Performing Stocks :The Sensex shut shop at 17171 down 37 points and Nifty moved at 5201 down 21 points. The CNX Midcap index was down 0.8% while the BSE Smallcap index. Leading sectors of today's trade were Auto and FMCG. The prime laggards were consumer durables, power, realty and IT with Oil & gas, metal and banking also closed with significant losses. The best performing stocks at Nifty were Hero MotoCorp, Sterlite Industries, Sesa Goa and Maruti, Bharti Airtel, Cairn India.
Positional Calls for Tomorow 26 April :
1) Hold Ashok Leyland with a 12-month target of Rs 35
2) Buy IFCI with a 1-2 month target of Rs 49 and stop loss of Rs 37

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