Stock Intraday Tips & Nifty Trend Today
Nifty Trend Today :- If Nifty able to sustain and trade above 5205 than there is some up trend may be possible today if it breaks and trade below 5140 then down trend may be witnessed. Now the Nifty mediate looks up trend. Nifty Intraday trading levels are Support – 4990, 4950. Resistance – 5140, 5180. Bank Nifty mediate trend is down.
Stock Intraday Tips and Positional Stock Advice for Today 22 June 12
HDIL Buy for 1 To 2 Days, Target – 83 - 84, Stoploss - 74.
Reliance Infra Buy for 2 To 3 Days, Target - 555, Stoploss – 516.
L & T Buy for 1 To 3 Days, Target – 1389 - 1430, Stoploss - 1336.
Raymond Buy for 1 To 3 Days, Stoploss – 379, Target – 398 - 413.
Market Trend :- After poor signals from International markets, Rupee share decline therefore Indian Market has been broken by 1%. Dollar against Rupee is broken new record low of 56.86. CCI decision on Cement companies have bed affected on Market. BSE has declined in all sectors but Capital Goods, IT, Banking, Metal and Auto has work to put most pressure.
BSE Sensex with 111 points ie 0.65% down is trading at 16 921 while NSE Nifty with weakness of 39 points ie 0.75% is trading at 5,126 levels.
International Market Trend :- Terms of international markets U.S. Market disappointed because of poor Economic Data. Nasdaq closed with at around 25% decline. Dow Jones fall 250 points with nearly 2 % weakness to close at 12573.57 while S & P 500 index dropped 2.23% to close at 1325.51.
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