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Traders Daily Tips- 2711

11/27/2013 Youth Apps 0 Comments

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    The market after a low start yesterday got lower as the session moved on profit taking in front line stocks led by banking, oil, reality among others reversing big gains in the previous session on concerns that the Iranian nuclear accord may not translate into higher supplies of crude so quickly. The Sensex closed the day losing 180 points at 20425 while the Nifty ended at 6059 declining by 56 points.


    Now Nifty futures till the time holding 6000-6050 levels on downside positive momentum is likely to continue in near term towards 6300-6350 levels which is acting as strong hurdle for the markets.  As volatility may remain intact in the market on the expiry of the November series, participants must keep strict stop levels while trading.



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    Our recommendation based on various inputs.   The data is refreshed from 10:30 IST


    The recommendation is based on our research and I believe that this is the way it would be heading.  The data has been used from Bloomberg. In - Bloomberg India‎, The Economic Times Business News, Personal Finance, Financial,CNBC TV18 - Money Control, Money Control, NDTV Profit: Business Finance, Stock Market, Quotes, News, ICICI Direct and discussion with the guru’s of share market.  I have also observed Rakesh Jhunjhunwala portolio and his approach towards the market trading.


    The views and recommendations expressed in this section are my own view. Please consult your financial advisory before taking any position in the stocks mentioned

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