INDIAN SHARE MARKET TIPS

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Indian share market today opened with a positive note indicating a soft start. Market took a relief positive breadth. As we stated earlier, today we expect market to close in green. Traders must look to book profits on short positions as markets are likely to remain under pressure going forward. Nifty may stage a pull back on Wednesday as markets seem to be deeply oversold in the immediate term

NIFTY LEVELS (Support and resistance)

The important support for our markets would be 4720 on Nifty. Technical resistance on the upside is placed at 4860 and 4920 levels

LIVE TIPS

Following are the best stock recommendations and live tips :-

1. SELL Yes Bank with a stop loss above Rs 259 and a target of Rs 229

2. SELL SBI with a target of Rs 1650 and a stop loss of Rs 1820

3. BUY Colgate at Rs 984 with a stoploss of Rs 978 and target of Rs 996

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