Stock Intraday Tips Tomorrow: 4th May

Markets finished the session on a weak note owing to profit booking at higher levels tracking losses in their global peers. The Sensex dropped 207 points to end at 25,230 and the Nifty shed 59 points to finish at 7,747. Globally, European stocks took a hit with the major indices declining owing to weakness in mining and auto stocks as earnings from major banks including UBS and Commerz bank hurt the investor sentiments. The combined output of eight crucial infrastructure sectors jumped to a 16-month high of 6.4 per cent in March due to a double-digit growth in refinery products, fertilizers, cement and electricity.

Stock Intraday Tips For Tomorrow:

Buy EON above 81.50 level, Intraday Targets are 82.30, 83.10, 83.90, stop loss at 79.90
Buy UTTAMSUGAR above 54.50, with stop loss at 53.50, Intraday Targets are 55. 55.50 and 60
Sell TINPLATE below 66 for the target level of 65.40, 64.80 and 64.20, stop loss at 67.20
Sell DeltaCorp below 84.50, with stop loss at 86.10, Target levels are 83.70, 82.90 and 82.10

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