Today Trading Tips, Stock Market News Updates – May 26

This item was filled under [ Day Traders, Past Performance, Trading Calls ]

News Updates

  • On 25 May, Almost all asian and EU market were closed in RED. UK and US markets were closed due to memorial day. But Indian markets opened with huge positive gap of 101 point but then we have seen a profit booking during  a whole day. Market was trading like zig-zag ( Saw pattern) and finally managed to close in positive range with 25 point up in SENSEX.
  • Results To Watch: Harrisons Malyalam, Bank of Baroda, GMR Industries, Tata Comunications, Subex, Agro Tech, NIIT, Aksh Optifiber, Kitply Industries

Today’s Trading Calls

  • Market will open flat and we will see some buying interest in specific stocks but we may see selling pressure in noon tradings and finally GREEN closing is expected.
  • Nifty Levels: Sell Below 4200, 4160, 4123 Buy Above 4250, 4275, 4293
  • Buy Harrison Malayalam: Target 85, 87 Short Target 89,  Stop Loss 77
  • Sell Suzlon: Target 87, 85 Stop Loss 91.5
  • Buy MRPL: Target 74, 77 Stop Loss 66 ( You can hold it for year to gain 100% Returns)
  • Sell Edelweiss Capital: Target 425, 420 Stop Loss 445
  • Buy Spice Jet (BSE Only): Target 25.5, 26.2 Short Target 29 Stop Loss 21
  • Buy Aban Offshore: Target 910, 930 Stop Loss 980
  • Buy Bank of Baroda: Target 450, 459, 466 Stop Loss 430
  • Buy Karnataka Bank: Target 147, 153 Stop Loss 140
  • Buy JP Assoc: Target 190, 195, 199 Stop Loss 182
  • Buy NIIT: Target 58, 59 Stop Loss 52
  • Buy Idea: Target 75, 77 Stop Loss 71
  • PENNY STOCK:Buy Arvind Remedies: Target  6 Stop Loss 1.5 ( 1 year Target)
  • Past Trading Calls View Here

Mid-Session Updates

  • Big Cinemas, Reliance Anil Dhirubhai Ambani Group (R-ADAG), will launch its first multiplex in Chicago on Friday – BS
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2 Comments on “Today Trading Tips, Stock Market News Updates – May 26”

  • Manish
    25 May, 2009, 23:14

    If you could also write teh CMP of the script would be more useful
    Just a suggestion :)

  • admin
    26 May, 2009, 11:50

    Yeah sure will keep in mind next time.

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