Free Stock Tips
1- Sell HDIL with 10-15 day target of Rs 190 and stop loss of Rs 210,2- Buy PNB with one-week target of Rs 1020 and stop loss of Rs 995,
| Action | Stock | Price | Target-1 | Target-2 | Stop Loss |
| Buy | Nifty Option 24 -June | 185.5 | 205.1 | 240.25 | 174.25 |
| Buy | Nifty Option 24 -june | 57.35 | 60.1 | 63.05 | 57 |
| Action | Stock | Price | Target-1 | Target-2 | Stop Loss |
| Buy | Nifty Future 29 july | 4990 | 5022 | 5060 | 4973 |
| Sell | Nifty Future 29 July | 4950 | 4910 | 4885 | 4980 |
It was a lackluster day of trade for our market which opened flat and looked range-bound all day. There was pressure in the second half due to a lot of short covering but the Nifty just about managed to hold the 5000 mark. Sensex shut shop at 16657, up 40 points and Nifty at 5000, up 13 points from the previous close. CNX Midcap index was up 0.5% and BSE Smallcap index was up 0.3%. The market breadth was positive with advances at 698 against declines of 562 on the NSE. Top Nifty gainers were Bharti Airtel, Sterlite Industries and Tata Steel while losers were ITC, Tata Power and TCS.
NIFTY TREND
Mode – Weak
Mode – Weak
RESISTANCE- 5016/5045/5092
SUPPORT- 4958/4929/4880
If NIFTY breaches 5045 and stays above 5020 with good volume then NIFTY may see 5090. If Nifty breaches 4929 and stays below 4958 then NIFTY trend is bearish.Then expected lower target is 4890.
SENSEX
Mode-Weak
Mode-Weak
Resistance-16710/16802/16954
Support-16524/16432/16280
Above resistance= Strong
Below support =Weak
If SENSEX breaches 16802 and stays above 16710 with good volume then possible upper target is 16950.If Sensex crosses 16432 and stays below 16524 level then Sensex trend is bearish.Then expected lower target is 16300.
