Indian markets managed modest gains at opening because of Asian markets had slight edge. Currently BSE Sensex leading with gain of 26.50 points is trading at 17 240. Market worked to prop up due to Rupee strong move against Dollar.
Intraday Tips for Today 16 July
SBI Sell Target - 2150, Stoploss – 2210.
Hindalco Sell for 1 to 2 days, Stoploss – 124, Target - 115.
Bajaj Hindustan Buy for 1 to 2 Days, Target - 355, Stoploss – 33.
Dena Bank Buy for 1 to 2 Days, Stoploss – 101, Target - 106.
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International Market gold and silver are traded with decline. COMEX Gold with weakness of 0.5% is trading trading at 1584 dollars while Silver is down 0.60% and is around $ 27/Oz. Last week MCX Gold closed at Rs 29 272 with slowdown. while silver was slight fall to Rs 52 776.
MCX Intraday Tips Today
Gold August Futures Sell -29,350, Stoploss -29 500, Target - 29 150.
NYMEX Crude Oil is trading with half per cent decline and price is at 87 dollars per barrel. Last week MCX crude oil closed at Rs 4790 with mild weakness.
Crude Oil June Futures Buy from – 4730, Stoploss - 4 660, Target - 4 830.
