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The Indian stock market opens on the last trading day of the week on a flat-to-positive note in the steps of good global cues. Higher market in line with rest of world with dow futures further higher by 50 early morning now for today 4780 nf will act as first hurdle of bulls. On falls, 4730 nf last hope support of bulls only breaking this range will set further moves from bulls or bears. Short term charts look poised for further upward move but, from here 4850 is a trend reversal level. Indian Stock Markets will find it difficult to cross 16150 on the Sensex and 4850 on the Nifty in these up move.
BEST INDIAN SHARES TO BUY NOW
Jubilant FoodWorks stock tips- BUY with a target of Rs 860 and a stop loss of Rs 770
Tata Motors stock tips- BUY with a target of Rs 200 and a stop loss of Rs 173
Bombay Dyeing & Manufacturing Company stock tips- BUY with a target of Rs 395 and a stop loss of Rs 340
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