Tuesday Stock market tips||Oil&gas,metal,banks stock slips

The market has once agian opened in flat note.Nifty sensex both slipped.The nifty was at 6194 down 10.95 points or 0.18% nifty previous close was 6204.95.nifty touched intraday high of 6199.30 and intraday low of 6187.90 in early trade.After the long time nifty close above level of 6200 for first time after 11th November 2010.Sensex index was slipped 28.33 points or 20865.56 or 0.14%. The S&P BSE Bankex was 0.40% lower, Oil&gas index was down 0.63%, Metal index slipped 0.15%.

All It companies TCS, HCL Tech, good results in September quarter TCS gain 5.4%, Infosys 3.8%, HCL Tech 3.5%.i2345mages

Gainers—Jindal steel 0.85%, Hindalco 0.80, Tcs 1.27%,IDfc 2.20%,Coal india 1.74%.Wipro 1.78%,Cairn india 1.57%,Coal india 2%.

Loosers—SBI 0.55%, Motocorp 1.24%, HDFC 1.10%,ICICI bank 0.44%, RIL 0.91%,SBI 0.55%.Acc 1.14%,Ultratech cement 0.95%

Today banking stock are under pressure with ICICI bank,HDFC as major laggards.Reliance,ITC, NTPC, Bank of baroda,Indusind bank are losers.

Sure shot calls for today

Buy Tech Mahindra target 1585 stoploss 1525.

Sell M&M target 845 stoploss 906.

Buy IDFC target 108 stoploss 98