BEST STOCK TRADING TIPS TOMORROW : 17th AUGUST (FRIDAY)

stock tipsIndian market started today session with negative note due to global market as US stocks drop on downbeat earnings, trade tensions and after that today Asian markets declined following Wall Street after Chinese company reported a fall in quarterly profit. Today Rupee 1st time ever cross the historic psychological level of 70 per dollar the currency witnessed a depreciation of depreciated 10 percent in 2018 so far. Most of the market traded in sideways movement today with total advances of 685 shares and 1063 shares decline today and 323 shares unchanged today, but both nifty future and bank nifty future sustained above its crucial levels which is positive for Friday market
Tomorrow market is expected to be in sideways movement but we have to closely watch global market movements and fundamentals taking place. Crucial support for Bank Nifty future is 26830-26800 and for Nifty future is 11375-11350 we expect Friday market to be in sideways to positive trend till breakdown of their respective support. We can see Nifty future up to 10475-10505 and bank nifty future up to 28100-28200 if supported by world market on Friday.
Strategy to be follow is buying on dips with the stop loss below the support level mentioned above

BEST STOCK TRADING TIPS TOMORROW : 17th AUGUST (THURSDAY)

 BUY UNIVCABLES 189 TARGET 192-197 WITH SL 184.80

BUY MARICO FUT ABOVE 365 TARGET 368-371 WITH SL 361

FOR MORE FREE TIPS, CALL US @7879881122 
OR VISIT WWW.MARKETMAGNIFY.COM

 

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