Wednesday, August 1, 2012

Nifty Trend: Intraday Tips for Today

The market rebounded smartly yesterday after RBI announced the credit policy and major benchmark indices closed the day nearly 0.50% higher. Today, share market opened in a flat note adhering negative bias as us markets closed negative and Asian markets are trading with mixed sentiments.
Nifty needs to  stay above 5144 level to remain bullish for the day. 5200 is the key level to breach for downside.

Intraday Tips for Today-

Cipla for giving strong quarterly results, can be a Good intraday as well as short term pick for traders. Day traders can targets 355-360 for intraday trading.

Buy punj Llyod above 51.50 for the targets of 52.00-52.30.


Posted By Commodity MCX Tips