Monday, July 2, 2012

Nifty Tips: Market Trend For Tomorrow



The first trading day of the month was completely range bound for Indian stock markets. All the indices closed flat today after witnessing a choppy session throughout the day. However, Nifty managed to touch a day high of 5300 due to the surge seen in European market  but could not sustain this level. Finally It closed at its previous level without any change.

The market is looking for some trigger levels to come out of this stagnant level. So Technically sustaining above 5320 level may invite  Nifty to ride the bull again while below the level of 5228, bear may dominate the market.

Stock Tips for Tomorrow-

Buy Maruti suzuki Ltd at CMP, Tagret- 1200-1210-1220 SL- 1262

Buy Mahindra and Mahindra Ltd above 715, TG- 720-725.00-730 SL- 709.50


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