My
Dear visitor’s, Indian Stock Markets today 4th August
Completely collapsed especially due to foreign institutional Mass
selling and partly because of broker’s margin calls. NSE benchmark
Nifty fell over 1 percent led by panic selling in the last one hour
of trade. Market may remain rattled till the time we see the actual
action the fed will take for which august 9th will be
an important date. It is very clear that U.S. is actually slowing
down materially and there has to be some action from the fed to suite
the nerves to some extent. For tomorrow 5th August , Intraday Tips
Market will remain uncertain as per the EOD (END OF DAY) Chart, with
no clear direction. One thing is sure that till 9th of
August , every time Market will show some very good Improvement, a
sudden mass selling will take place, as FII’s are looking for every
opportunity to offload their purchased stocks in good prices. So
conclusion is, for the time being reduce your buying exposure as
minimum as possible and quit the market every day after making some
reasonable profit. rest is your choice.
Market will remain uncertain as per the EOD (END OF DAY) Chart, with no clear direction. One thing is sure that till 9th of August , every time Market will show some very good Improvement, a sudden mass selling will take place, as FII’s are looking for every opportunity to offload their purchased stocks in good prices. So conclusion is, for the time being reduce your buying exposure as minimum as possible and quit the market every day after making some reasonable profit. rest is your choice.
Intraday Tips Stock Tips For 5 August 2011
1. COX& KINGS (Cox & Kings Ltd.) : Buy at 235.45, Strict SL at 226.40, Intraday Target 238.45-241 Strong Resistance -245-248-250.
2. FCH
(Future Capital Holdings Ltd.)
– Buy at 177.60, Strict SL at 173.05, Intraday Target
179.60-180.50 Strong Resistance -182-185.
