After consolidation movement in first half, Sensex close at record high and Nifty future closes above its key level 11080. All sectoral indices except energy and IT, ended today in the green. Among stocks, ITC, Vedanta and UPL were the top gainers, while Hero Moto Corp and Bajaj Auto lost the most. Today Nifty future has given breakout of 7 days sideways to consolidation movement on closing basis. As we are saying from past few days market is in bullish and this will continue to Tuesday market as well, with stocks participating in the rally next target of Nifty future will be 10250 this week and this time stocks will give you opportunity to trade and earn. With the support of 11020-10930 you may see Nifty future at 10250-10320 level soon, with India VIX closes 4.32% today we can see strong buying in Indian market » Read more
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MARKET IS IN TIGHT RANGE ON MORNING –
NIFTY FUTURE CONSOLIDATING BELOW ITS BREAKOUT LEVEL 11080.
ALSO BANK NIFTY FUTURE IS IN CONSOLIDATION TRADE AND BREAKOUT WILL BE CONSIDERED ABOVE 26965 LEVEL.
STOCKS THOSE ARE TRADING ABOVE THEIR RESISTANCE LEVEL ARE PERFORMING WELL AFTER BEING OVERVALUED.
DESPITE MARKET SUPPORT BAD STOCKS HAS BEEN HAMMERED IN THE MARKET.
STAY CAUTION WITH YOUR STOCK SELECTION AND TRADE ACCORDING TO TREND.
NAUKRI AND HINDUSTAN UNILIVER IS THE ONE TO LOOK FOR BEFORE RESULT DECLARED ON TOMORROW.