STOCK MARKET TREND FOR FRIDAY 29 JULY

Stock market yesterday ended lower continuing its bearish trend for the second consecutive day. Stock market trend was bearish both the major indices i.e. NIFTY and SENSEX took a heavy breadth and Sensex closed at 18209, down 223 points from its previous close, and the Nifty shut shop at 5488, down 59 points.

Stock market Trend for friday 29 July is considered to be bearish following the asian stock market cues. Traders and investors are advised to stay away from any buying during the day , intraday traders may give pressure on selling on the other hand long term investors are suggested to wait for Stock market to come up.


NIFTY SUPPORT AND RESISTANCE TODAY :-


RESISTANCE :- Today the first resistance for nifty is at 5505-10 level.Next resistance is at 5524-30 level.


SUPPORT :- Next support is at 5448-43 level.Next support is at 5414-08 level.Next support is at 5375-71 level

STOCK MARKET RECOMMENDATIONS FOR FRIDAY 29 JULY :-

Following are some BUY SELL recommendations for friday 29 july

1.  Buy Jain Irrigation with a target of Rs 186 and stop loss of Rs 170

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