Intraday Stock Tips, Nifty Outlook Targets And Hot Stocks Today 7 February:- Will Indian stock markets continue the cheer today or not, is the tricky question today. Yesterday markets closed positive but in global markets European markets dropped and US markets also closed lower. Yet our markets are expected to start trade today on a strong note.
Nifty Range Intraday Target Livels: Nifty has managed to sustain near our target of 5,399, while 5,399 mark is also a three months high which could act as a major barrier. Today Nifty could witness profit booking at the higher levels. We suggest traders to first take a clue from the initial half an hour range in Nifty and then trade accordingly in the direction of the breakout. Intraday support levels are seen near at 5,327 and 5,260 levels whereas the resistance levels are placed at 5,399 and 5,435.
Intraday Stock Tips Today And Hot Stock Pics:-
1) Cairn: Buy Above- 355 Target1-361 Target2-364 Stop Loss-352
2) Ranbaxy Laboratories: Sell Below-448.50 Target1-440 Target2-436 Stop Loss-452.5
Dena Bank, Orchid Chemicals, BHEL, LIC, Apollo Hospitals, Dhanalaxmi Bank, SREI Infra, Alcargo lab, MOIL, J K Lakshmi, Motherson Sumi.
