Stock Market News India
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MAHURAT TRADING is just a trailer of things to come, so fasten your seat belt, do your homework, take pre calculated risk to make millions in the market:
The visit of OBAMA will usher a new era in INDO-US business relationsand open new vistas of opportunities in the days to come. Mahurat-trading is justa trailer of things to come, so fasten your seat belt, do your homework, andtake pre calculated risk to make millions in the market.
MARKET today will open positive and remain choppy in the first half. It will become volatile in the second half and face technical resistance at 6350, 6390 and support at 6250, 6220.NIFTY will play in the range for some time trying to break-out. Today Selected stocks in mid-cap space will outperform. Till nifty in this range midcap willfly around. Any close above 6390 with volume may see bears with begging bowl infront of temples.
The following are the cues to help you in trade today.
NIFTY RANGE of today: 6250-6350.
- US & European markets closed positive.
- Asian markets opened flat.
- SGX nifty up 36 points 6345 at 8 am.
- Dollar index is at 76.90.
- Gold at $1327 and crude at $80.91.
- London future is down 1 points at 8 am.
- Dow future is down 21 points at 8 am.
CALL of the day: BUY SPICEJET CMP 89 STOP 87 TARGET 95.
(Note: Site-calls are positional calls for 1 week)
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