 |
| "NSE-BSE Stock Picks" |
Today's Trading strategy:-
According to a market analyst, the stock market is likely to open with strength and its movement will depend on global markets. Stock Market is continuously moving upward for last five days , and now we could see some profit booking at upper levels.
According to a market analyst, the stock market is likely to open with strength and its movement will depend on global markets. Stock Market is continuously moving upward for last five days , and now we could see some profit booking at upper levels.
Today, the market should open gap up and will face resistance at 5590-5610, says another technical analyst. If the Nifty manages to close above 5600 then buying will come in and the next target will be 5670, he adds. He believes that as long as the market stays above 5470, strength will remain in the market .
The key equity averages are likely to open positive tracking cues from Asian markets that are trading higher as the US market closed with significant gains In Indian market, Oil&Gas, Metal and Realty sectors will be in focus today.
On Thursday,NSE-BSE ended on a positive note after trading volatile across the baseline throughout the market hour. The market started off the day on a downbeat note with the NSE Nifty slipping below the 5,500 mark Soon after the weak start, the benchmark indices started gaining momentum and inched towards the baseline, although the upmove remained shortlived and the market plunged again. However, a sharp V-shaped recovery was witnessed during the mid-session, when the benchmarks zoomed in the positive terrain as the tensions in the Middle East eased after Libyan leader Muammar Gaddafi accepted peace plan to end crisis in North African country.
The BSE Sensex closed up by 160 points at 18,622.56 and NSE Nifty ended higher by 13.90 points or (0.25%) at 5,536.20. The BSE Sensex touched intraday high of 18,603.57 and intraday low of 18,253.62.
On BSE, total number of shares traded was 29.56 Crore and total turnover stood at Rs. 3722.83 Crore. On NSE, total number of shares traded was 73.01 Crore and total turnover stood at Rs. 14990.37 Crore.
On BSE, total number of shares traded was 29.56 Crore and total turnover stood at Rs. 3722.83 Crore. On NSE, total number of shares traded was 73.01 Crore and total turnover stood at Rs. 14990.37 Crore.
Top traded Volumes on NSE Nifty – Jaiprakash Associates Ltd. , Suzlon Energy Ltd. Reliance Communications Ltd. ITC Ltd. , Hindalco Industries Ltd.
On NSE Future and Options, total number of contracts traded in index futures was 803852 with a total turnover of Rs. 20549.65 Crore. Along with this total number of contracts traded in stock futures were 669705 with a total turnover of Rs. 16939.42 Crore. Total numbers of contracts for index options were 3328024 with a total turnover of Rs. 91182.69 Crore. and total numbers of contracts for stock options were 114630 with a total turnover of Rs. 3067.22 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 803852 with a total turnover of Rs. 20549.65 Crore. Along with this total number of contracts traded in stock futures were 669705 with a total turnover of Rs. 16939.42 Crore. Total numbers of contracts for index options were 3328024 with a total turnover of Rs. 91182.69 Crore. and total numbers of contracts for stock options were 114630 with a total turnover of Rs. 3067.22 Crore.
Top Stock Picks For Today is:-
- Cipla
- Crompton Greaves
- JP Associates
- Bajaj Hindustan
- Godrej Industries
I truly like to reading your post. Thank you so much for taking the time to share such a nice information. I'll definitely add this great post in my article section.
ReplyDeleteStock Pick Strategies