Tuesday 29/10/2013 Maruti suzuki rallies above 5% stock market trading tips today

Market opened on caustious note on Tuesday,As an investment strategy we can see that IT, pharma and metal are rate sensitive stock in index, while expensive-defensive stocks like FMCG,IT, Auto are also likely to continue out performer in the current environment.

Country’s largest car maker company maruti suzuki traded higher in both Nifty and sensex index.Maruti suzuki was trading 5.4% higher at 1596.95.free_trial

 Buy maruti suzuki India ltd target 1610/1615/1620 stoploss 1565

Today Nifty started up 6.45 points or 6107.55,and nifty closed at an important support level of 6100.BPCL, Cairn India,HCL tech, Maruti suzuki,Sun pharma are nifty gainers.

Sensex opening is high with 34.54 points or 20604.82.Maruti, hero motorcorp, TCS, M&M, Bajaj auto are the gainesrs in sensex.

Stock tips——

Sell ITC target 322/321/320 stoploss 328

Sell larsen target 942/940/938 stoploss 947

Buy sunpharma target 613/615 stoploss 605