Get Accurate Intraday Tips Stock Recommendations for Indian Share Market

The Intraday market has opened on a flat note. The Sensex is up 46.70 points at 22598.19, and the Nifty is up 19.50 points at 6772.05. About 320 shares have advanced, 120 shares declined, and 23 shares are unchanged. IDFC jumps 5 percent as RBI gives in-principle nod for its bank license. Among the gainers in the Sensex are Sesa Sterlite, Dr Reddy's Labs, NTPC and HDFC twins. HUL, L&T, SBI, Reliance and Hindalco are major laggards in the Sensex.

In commodities, Nymex crude prices slipped to around USD 99, dropping for a fourth session, as an imminent rise in Libyan oil supply weighed on prices. From precious metals space, gold added on to sharp overnight gains post recording the biggest one-day jump in nearly three weeks on Wednesday, consolidating after recent losses
CapitalHeight’s stock recommendation for 03/04/2014 is Union Bank of India. It has been trading in uptrend from last month. In today’s intraday trading session, it was up by 7.68%.It is Intraday trading above 200 DMA level.Its short term support level is at 115. One can go for long position in this stock above 146. The stock may test level of 166 in coming days. Our intraday recommendation on Union Bank is LONG above 146 for the Target of 151-157.

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