Wednesday, August 17, 2011

SHARE MARKET TREND for Thursday 18 august

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SHARE MARKET TREND FOR Thursday (18 august) :

Share market trend for thursday is considered to be choppy. Global markets are weak and there is a lack of confidence in the Indian market, too. Traders and investors are advised to trade with strategy and strict stoploss both the sides. Today the market breadth is positive with advances at 345 against declines of 200 on the NSE.

NIFTY SUPPORT AND RESISTANCE :-

SUPPORT :- Nifty technical support is at 5030-26 level.Next support is at 5004-99 level

RESISTANCE :- Today the first resistance for nifty is at 5078-83 level.Next resistance is at 5092-95 level

HOT STOCKS TO WATCH TODAY :-

1. Areva T&D
2. Bharti Airtel
3. Sundaram Fasteners
4. Balkrishna Industries
5. TCS
6. ICICI Bank

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