Free Indian stock market tips on mobile, best stocks to buy now, live trading tips, stock market recommendations, share tips by experts, commodity trend today, silver MCX tips,live share quotes, Nifty intraday trading strategies
Indian share market today opened with a flat note, as this is the last trading day of the week so the market is expected to be range bound. Keep an close eye on nifty and trade with caution. Trading strategy for the day is, Market is not in uptrend as well as not in downtrend, so avoid taking fresh positions in the market. Manage your long term bets for the day.
Reliance Stock Views-
Reliance has been a disappointment for most of its investors for a long time now. What was once India's largest private sector company and the stock that made such great wealth for those who put their faith and money in Reliance has been a rank underperformer for close to three years now. While the Nifty trades close to 25% higher than its May 2009 levels and stocks like Tata Motors have well over trebled in the period since, Reliance trades lower by close to 25%.
Traders of options can well buy the Reliance July 720 Calls for about 15 bucks and place a stop loss at Rs. 5. Those more comfortable with options can hedge their bets by selling the 740 or 760 calls at the same time to reduce cost of failure and for a better risk reward equation. Also the fact that India VIX has dropped to a low of 16 means it makes a great deal more sense to buy options given that option premia across the board is lower than usual.
Result Today
RELIANCE INDUSTRIES, HIND ZINC, ULTRATECH, ASIAN PAINTS, ZEE ENTERTAINMENT, CROMPTON GREAVES, UNITED PHOSPHORUS, INDIABULL FINL, HT MEDIA, KARNATAKA BANK, APTECH, PRAJ INDS, JSW ENERGY, KALINDEE RAIL,BINANI INDS, EXCEL INDS,FACT
Intraday Trading Recommendations by Experts -
1. Sell Thermax with a target of 533: Sandeep Wagle
2. Sell Bank of Baroda with a target of 655: Mitesh Thacker
3. Sell Oriental Bank of Commerce with a target of 228: Ashwani Gujral
MCX Silver Trend >> Silver Tips>> Silver Rates
Positionally Immediate support for Silver is 51991.Resistance for the Silver is 53007-53064-53111-53851-54229-54862
Silver Intraday Tips - Buy is advised above 53161.9 with a stop at 52372.1 Below 52179.6 go for sell
GET THESE SILVER TIPS & UPDATES ON MOBILE
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