Monday, October 31, 2011

Best stocks to buy now 31 October

Share market trend today 31 oct, Nifty trend 31 oct, Stocks to buy today 31 oct, shares to buy now 31 oct, live tips 31 oct, live calls 31 oct

Indian share market today opened on a first day of the week on a firm note. Both the benchmarks indicating a flat start today. Market breadth is negative following the global cues. But we expect market to behave positive. Market will continue its Friday uptrend. It advised that Traders must trade on the long side of the market and refrain from selling short as the markets have the potential to go beyond expectations on the up side

Nifty Support and Resistance

SUPPORT :- First technical support for the Nifty is marked near 5325-21 level. Next supports are at 5304-00,5283-80,5245-40.

RESISTANCE :- First resistance for nifty is at 5411-16 level. Next resistance ranges are at 5455-60,5468-74

Good stocks to buy now
Following are the good stocks to buy now :-

1. BUY Jai Corp with a stop loss below Rs 82 and a target of Rs 97

2. BUY DLF with a stop loss below Rs 244 and a target of Rs 270

3. BUY Venky's India Ltd with a target of Rs 573 and a stop loss of Rs 466

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