Indian Share Market Trend, Best stocks to buy today, Hot stocks today, Free Intraday NSE BSE stock tips, Free Stock market tips on mobile, MCX Silver trend, Stock futures India, Long term stock tips, short term picks, BTST trading tips, RBI Credit Policy
Share market India today opened on a flat note. As we predicted earlier that all eyes will be on RBI credit Policy which is going to announce today. The conclusion one can draw from all this looks like given the inflation expectation and the current account deficit dangers the RBI is unlikely to stimulate demand by cutting interest rate at this juncture. It believes that the government has to do its bit in the first place by cutting fiscal deficit and using that extra money to stimulate investment so that growth is generated, only then can space be created for monetary policy.
NIFTY F&O CUES- Call Put Option
Nifty Options suggest market range of 5000-5200
Total Puts add 54.2 lakh shares in Open Interest
Total Calls add 49.8 lakh shares in Open Interest
Stock Futures add 1 cr shares in OI
Nifty PCR rose to 1.02 from 1.01.
India VIX closed at 16.44 up by 0.43%
LONG TERM STOCK TIPS
1. BUY Reliance Power Ltd
Long Term Target 150
2. BUY Blue Dart Express Ltd
Long Term Target 2,500 Stop Loss 1,600
3. BUY Rolta India Ltd
Long Term Target 90 Stop Loss 55
4. BUY Tata Global Beverages Ltd.
Long Term Target 200 Stop Loss 120
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