Intraday Stock Tips|Nifty Levels Today 5 August:
Yesterday Both big benchmarks NSE BSE closed with significant lossess. Today also Nifty & Sensex are indicating a negative start in the pre opening trade.
Trading Strategy: Experts says, the next couple of weeks are looking uncertain and those with long positions should exit them and be on the sidelines.
Top NSE Gainers: Bharat Petrolium, GAIL, Reliance Infra, Reliance Communications, Hero MotoCorp Ltd.
Nifty Technical Outlook:
Nifty Intraday (Spot) Trend, Tips & Levels- Last closing of Nifty was at 5331 points and it is predicted that it will be in negative trend today.
Resistance : Its first resistance level is at 5367 and above this level it could test the resistance level near the 5425 points.
Support : Its first support level is at 5305 and below this level it could have support level near 5250 points.
Intraday Stock Tips with Market Trading Strategy:
As the markets have started on a negative note it is predicted that be cautious in long term trading because it is looking uncertain.
Hot Stocks Today:State Bank Of Mysore, Jyothi Labs. , Cox & Kings, Tata Steel, JSW Steel, BHEL, Tata Tele, Uflex, Onmobile, JBF Industries, L & T, Coal India , Delta Corp , Dhanlaxmi Bank , Gujarat Fluorochemicals, Syndicate Bank, Hindustan Motor, GVK Power & Infra, Deccan Chronicle , Gitanjali Gems.
Piramal Healthcare-
SELL- 380 with a STOP LOSS- 384 and TARGET- 372.
Educomp Solutions-
BUY- 328 with a STOP LOSS- 324 and a TARGET- 336.
Hindalco-
SELL Below- 159 with a STOP LOSS- 162 and TARGET1- 156 TARGET- 153
