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Wednesday, August 1, 2012

Intraday Tips~Nifty Outlook For Tomorrow 2 August

Stock Market Closing, NSE Nifty Trend, NSE BSE Intraday Stock tips for Tomorrow 2 August: 
NIFTY OUTLOOK : The BSE Sensex and Nifty gained slightly to extend a winning streak to a fourth day as Cipla surged after posting a jump in earnings, but Coal India slumped after its fuel supply agreements with utilities sparked concerns about its margins. BSE Sensex rose 0.12 percent to 17,257.38 points, enough to mark its highest close since July 19. The 50-share Nifty gained 0.22 percent to end at 5,240.50 points. The top Nifty gainers were Cipla, Kotak Mahindra Bank, Ambuja Cements and JP Associates while the biggest losers included Coal India, ONGC, Sesa Goa and Hero MotoCorp. 

Positional/Delivery Calls:
Hold IFCI with a 2-3 year target 54
Hold Havells India with a 12-month target of 620-630 and stop loss 500

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