Market ended higher on Monday amid a rally in IT shares led by Infosys after robust revenue growth 190 points at 25,816 and the Nifty ended up 64 points at 7,915. Oil prices eased on Monday after a meeting between OPEC and non-OPEC members to freeze oil output remained inconclusive. Wholesale prices in the country fell for the 17th straight month in March, dropping 0.85% compared to 0.91% in February. Government data released on Monday showed that total build up in inflation for the current financial year leading up to March was -0.85%, as compared to a -2.33% fall in the corresponding period of the previous year.
Intraday Tips Tomorrow: 20th April
Buy R.S. software above 118, Target 119-120-121, Stop loss at 116
Buy SudarsChem above 112 for intraday target of 113, 114 and 115, stop loss at 110
Sell BodalChem below 80.50, Intraday target 79.70, 78.90 and 78.10, stop loss at 82.10
Sell Kirindus below 200 level with stop loss at 204 for target at 198, 196 and 194 for intraday trading.