Today market session was in the line of expectation and as per our last commentary. Today market was in bullish trend throughout the day despite negative global cues with total 826 shares advances, 903 shares decline and 336 shares remain unchanged in NSE. Thursday market is expected to be in sideways movement but we should not forget that overall market trend is bullish and any dips provided by market are an opportunity to earn profit. Next level Nifty future may test 10830-10850 level soon and for Bank Nifty future 26600-26670 is the next level. » Read more
BUY MPHASIS ABOVE 1110 TARGET 1122 WITH SL 1098
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BUY SRT FUT ABOVE 1105 TARGET 1125 WITH SL 1085 TOTAL 8 LOTS
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Today market session was important one and also waited by most of the traders. Today Nifty future has traded entire session in bullish trend and ended today session by gaining 65.70 points at 10723.95. Most important thing was closing which Nifty future has given on positive note above the crucial level of 10715. As we have also said this earlier closing above 10715 will be crucial for further bullish movement and on Wednesday market we expect another positive session from the market with lots of opportunities for buy side traders, strategy to be followed on Wednesday is buying on dips. » Read more
SELL ?-?-?-? FUT BELOW 1055 TARGET 1042 WITH SL 1068 TOTAL 8 LOTS
BUY ?-?-?-?-? FUT ABOVE 1302 TARGET 1312 WITH SL 1292 TOTAL 8 LOTS
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Monday market was totally in the line of our expectation and commentary that we have said. Tuesday market outlook is once again expected to be in sideways movement and session to move according to world market and FII and DII activity as on Monday FII were net seller as they sold 1205.12 cr and DII were net buyers of 366.94 cr. » Read more
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The market is under pressure with the Sensex falling around 150 points following correction in major Asian stocks amid US-China trade tensions. The Nifty is also trading way below 10,700 levels, weighed down by Reliance Industries, L&T, ITC and HDFC twins. The Nifty Midcap index outperformed frontliners, trading flat. Bajaj Auto and Tata Motors are up around 2 percent each after strong auto sales data for June while Tata Steel gained 2 percent after a definitive agreement with ThyssenKrupp to spin off its European steel assets into a 50:50 joint venture. » Read more