Nifty Trend & Stock Intraday Tips Today
Today Indian Market is introduced with light strong due to slowdown in Asian markets. Sensex up 43 points on 17 456 and Nifty gained 13 points to open at 5295.
Asian markets trading looks cool. Nikkei, Hang Sang, Straits Times, Kospi are faster 0.6 to 0.1%. Singapore Nifty is also strong. Shanghai Composite Index and Taiwan are in red.
On Monday American markets was seen strongly up. U.S. market reached height of 3 months because of good news related to Eurozone.
Nifty Trend for Today :- If the Nifty able to trade and sustain above 5304 level then it is likely to show some good up move and if Nifty (spot) breaks and trade below 5247 then some more profit booking will take place in the market. Global (Asian) cue is positive. SGX (Singapore) Nifty is in positive too.
Stock Intraday Tips for Today 7 August 12
Tata Motors Buy for 1 to 2 Days, Stoploss – 224, Target – 235 – 241.
Power Grid Buy for 1 to 2 Days, Target - 125, Stoploss - 118.5
Kotak Mahindra Bank Buy for 1 to 2 Days, Stoploss of Rs – 554, Target - 569.
DLF Buy for 1 to 2 Days, Target - 216, Stoploss – 207.
Commodity Market Updates :- International market gold and silver has seen decline. COMEX Gold with with 0.15 weakness is at $ 1611, while silver is trading at $ 27Oz with 0.30% down. MCX Gold on Monday with modest gains closed to Rs 29 939. while silver ended to Rs . 53 342 with light gain.
NYMEX Crude Oil business is down light down and price reached 92 dollars a barrel. On Monday MCX crude oil closed at Rs 5079 with the slight edge. London Metal Exchange (LME) Copper is trading with slight decline. On Monday MCX Copper on Monday closed to Rs 414 with strengthof 0.18%
Intraday Tips free Trial of Stock, Nifty, Option and MCX NCDEX Commodity Tips with more than 90% accuracy from Today 07 August to tomorrow 8 August 12
