Thursday, July 26, 2012

Market Today- Nifty Trend for 26 July 2012

Being the last Thursday of the month, Its an F&O expiry today and Indian market witnessed a flat start off. International markets closed mixed with the Dow Jones up 58 and Nasdaq down 8 odd points. A range-bound trading with negative bias is expected today. We can see some downfall in afternoon trade and a recovery thereafter,
Technically 5133 is the level which is required to be sustained for a considerable upside while 5068 can invite levels like 5055-5040.
TCS can be a good intraday stock to trade with. Wipro, on the other hand, can be accumulated for short term trading.


Posted By Commodity MCX Tips