My Dear visitors’s, today 3rd August it’s a disappointing day for the Indian Stock Markets as negative Global Cues wrecked the total sentiment. The battle for 5400 however was won by the bulls – at least for the day with the nifty closing at 5404, down 51 points. I am still believe that Indian Stock Market has enough liquidity and all negative domestic news have been priced in, so disappointing global news only may act now as a dampener. Tomorrow morning 4th August , I am expecting some up surge in the Indian Stock Market for short covering purposes. But afterward or at end of the day, it’s very difficult to say the fate of the market right now.
Intraday
Stock Tips For 4 August 2011
1. UFLEX
(UFLEX Ltd.) : Buy at 212 Strict SL at 208, Intraday Target
214-216 Strong Resistance -218-221-224.
2.
DELTACORP (Delta Corp Ltd.) – Buy at 101.35, Strict SL at
98.10, Intraday Target 102.35-103.70 Strong Resistance
-104-106-108-109-110-112.
3.
HINDOILEXP (Hindustan Oil Exploration Company Ltd.) – Buy at
171.80, Strict SL at 167.15, Intraday Target 173-175 Strong
Resistance -177-179.
