INTRADAY TRADING TIPS TOMORROW: 6th JUNE( WEDNESDAY)

Bull and Bear -Stock Market Trends

Volatility was the theme of the day on D-Street on Tuesday as investors looked to tread with caution. This is especially ahead of Indian central bank’s meet outcome on interest rates on Wednesday. Benchmarks continued to slip for the third day in a row, with the Nifty managing to give up 10,600, while the Sensex too slipped below 35,000-mark. The 30-share index closed over 100 points lower. The volatile session was marked by the fact that the market began on a flat note and then went on to extend losses in the afternoon. The Sensex lost over 200 points during the session, but then indices in the last hour trimmed their losses. While RBI policy outcome had an affect on stocks, investors were also likely to have been spooked by BSE’s act to put 109 stocks under enhanced surveillance.

INTRADAY TRADING TIPS TOMMROW: 6th JUNE( WEDNESDAY)

BUY MARUTI FUT ABOVE 8855 TARGET 8925-8995 WITH SL8780

BUY R CAPITAL ABOVE 387 TARGET 392-399 WITH SL 380.80

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