Nifty Market Watch: August 8th, 2013
Positive opening is expected by Nifty Futures: By 5-10 points in range of 5550-5555
>> It is in down trend
NiftyFutures is in down trend and closed below the important support level of 5600. So, further weakness can be expected in Nifty till 5500 levels.
>> Support for Nifty is at 5550 and 5500
>> Resistance for Nifty is at 5630 and 5680
BankNifty Futures was closed near 52-week lows and not showing any signs of reversal. So, further weakness can be expected in Bank Nifty till 9500 levels.
>> Support for Bank Nifty is at 9700 and 9550
>> Resistance for Bank Nifty is at 9900 and 10000
Stocks to watch for today are:
>> Adani Ports
>> Coal India
Intraday Stock Calls Today:
1. Shriram Transport Ltd is a 'BUY' call with a target of Rs 685 and a stop loss of Rs 625.
2. Dr Reddy's Lab Ltd is a 'BUY' call with a target of Rs 2350 and a stop loss of Rs 2180.
3. Delta Corp Ltd is a 'BUY' call with a target of Rs 62 and a stop loss of Rs 49.
4. BPCL is a 'BUY' call with a target of Rs 277 and a stop loss of Rs 269.
5. Reliance Infrastructure Ltd is a 'BUY' call with a target of Rs 339 and a stop loss of Rs 328.
GET NIFTY MARKET UPDATES, STOCK MARKET BUY-SELL CALLS, ACCURATE STOCK TIPS ON YOUR MOBILE>> GET LIVE NEWS>> REGISTER FOR 2 DAYS FREE TRIAL !!!
Stock Calls Today:
Wipro Ltd is a BUY call with a target of Rs 405 and a stop loss of Rs 380.NTPC Ltd is a BUY call with a target of Rs 154 and a stop loss of Rs 144.50.Asian Paints Ltd is a BUY call with a target of Rs 5250 and a stop loss of Rs 4920.JSW Energy Ltd is a SELL call with a target of Rs 37 and a stop loss of Rs 45.PFC Ltd is a SELL call with a target of Rs 122 and a stop loss of Rs 134.Century Textiles Ltd is a SELL call with a target of Rs 227 and a stop loss of Rs 245.
GET FREE STOCK TIPS, ACCURATE STOCK TIPS EXPERTS,
STOCK TIPS ON MOBILE>> REGISTER @ INTRADAY STOCK CALLS TODAY
STOCK NEWS TODAY:
1. Yes Bank Ltd is a BUY call with a target of Rs 540 and a stop loss of Rs 510.
2. Maruti Suzuki Ltd is a SELL call with a target of Rs 1590 and a stop loss of Rs 1680.
3. Reliance Industries Ltd is a BUY call with a target of Rs 860 and a stop loss of Rs 812.
4. Jain Irrigation Ltd is a BUY call with a target of Rs 74.50 and a stop loss of Rs 67.30.
GET FREE STOCK TRADING TIPS FOR TODAY>> REGISTER AND VISIT: INTRADAY STOCK CALLS TODAY, 28 MAY 2013
Century Textiles & Industries Ltd is a BUY call with a target of Rs 332 and a stop loss of Rs 315.
BUY Hero MotoCorp with a stop loss of Rs 1675 and look for a price target of Rs 1750.
BUY Hindalco Industries with a stop loss of Rs 103 and look for a price target of Rs 108.
FOR MORE INTRADAY STOCK CALLS ON MOBILE>> REGISTER HERE >> STOCK TIPS FREE
