On Tuesday nifty and sensex under pressure after the record high on yesterday. The S&P BSE Sensex slipped nearly 60 points in trade on Tuesday tracking muted trend seen in other Asian markets, led by losses in ICICI Bank, Infosys, HDFC Bank, RIL and Sesa Sterlite.the 50-share Nifty index also started on a muted note and was trading close to its crucial psychological level of 8150, weighed down by losses in banks, consumer durable, realty and metal stocks.
For today trend Buy ambuja cement, BPCL, AB nuvo.
9 September intraday trading calls-
Buy ambuja cement above 220-221 target 224.50/226.50 with the stoploss 218.50
Buy Bpcl above 705 target 716/722 with the stoploss 699
Asian market is showing mixed trend in morning session SGX nifty up today, Nikkei up 0.30%, Straits Times above 0.17%, hang seng down 0.20%, Shanghai Composite weak o.33% while in singapur exchange nifty opened 2% above from its previous close at 8192.