Indian Stock Market open was slight down side due to weak global cues and the US economic data raised concerns of QE tapering. Bank Nifty, Realty, Infra, Energy, Power and FMCG looking weak and trading in red zone. Asian Market also weak today, The Nikkei 225 is higher by 0.64%, while the Hang Seng is leading the Shanghai Composite lower. They are down 0.62% and 0.11% respectively.
Rupee also weak and trading in narrow range, it is down 2 paisa, at 62.34 against USD. At 11:00 am
Nifty trading at 6209.0 down 8.85 or 0.14% while Sensex at 20872.03 down 26.86 or 0.13%.
Today 03/12/13 Best Intraday Market Tips for Bearish Stocks-
NTPC sell below 145.60 with TGT- 145.0/144.50/144.0 SL- 146.50
Cipla sell below 389.70 with TGT- 388.70/387.70/386.70 SL- 392.70
Sun Pharma sell below 592.50 with TGT- 590/588/586.0 SL- 598.50
Power Grid Corp below 93.80 with TGT- 93.30/92.80/92.30 SL- 95.0
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