Intraday Tips Nifty Stock & MCX
Due to weak signals from international market, Indian
Market seems profit booking pressure. BSE Sensex fell 58 points to
17 827 and NSE Nifty fell 25 points to open at 5396.
Asian
markets traded seems weak. Kospi, Nikkei, Hang Seng, Straits Times,
Shanghai Composite, Taiwan index has fallen from 1.2 to 0.4%.
Singapore Nifty are also weakness.
Great
momentum in U.S. markets on Tuesday. S & P 500 4 years and Nasdaq
Composite touched the highest level in 12 years during business.
However U.S. market has declined due to profit booking on upper
levels.
Nifty
Trend Today :-
Nifty
if able to trade and sustain above 5400 then it is likely to show
some good up move and if Nifty breaks and trade below 5395 then some
more profit booking can take place in the market. Nifty trading
levels for today are : support – 5150, 5200, 5250. Resistance –
5350, 5380, 5390.
Intraday
Nifty and Stock tips for today 22 August 12
Nifty
Futures Buy, target – 5600 – 5630, stop loss – 5341.
Bata
India Sell, target – 850, stoploss – 903.
Hindalco
Buy for 1 to 2 Days, stoploss – 110, Target - 117.
Buy
ACC for 1 to 2 Days, Target – 1380, stoploss - 1340 Rs
Tata
Motors Buy for 1 to 2 Days , stoploss - 245.Target – 251.
MCX
Intraday Tips Today
After
touching a new high of 3.5 months In the international market, now
Gold has seen slight decline. COMEX Silver has been broken. At the
moment COMEX Gold is trading at $ 1639/Oz with 0.1% down. COMEX
silver collapse 0.5% and occurred at level of $ 29.25/Oz. LME Copper
declined by 0.15%.
MCX
Gold October Futures Buy - 30250, stoploss – 30175, target - 30 400
international
market crude oil has been sluggish moves. NYMEX crude oil is
reaching new heights. Currently NYMEX Crude Oil is trading flat at
96.80. ICE Brent crude with gain of 0.25% is trading at 114.70.
MCX
Crude oil September Futures Buy - 5350, target – 5410, stoploss –
5320.
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August 12
