NIFTY FUTURES TIPS - FandO Trading Ban on 51 Firms

Indian share market today opened on a negative note. As today is the expiry of nifty F&O so share market today will behave volatile. There is another major event going to be held today i.e. Mr Pranab Mukherjee will sworn in as 13th President of India, as this is the last day of the Former President Mrs Pratibha Devi Singh Patil.

NSE EXCLUDES 51 SECURITIES FROM DERIVATIVES SEGMENT -

Tata Coffee , TVS Motor , Jet Airways and in other such 51 stocks Futures trading can't be done . They are removed from the business. While it will be implemented from 27th July. National stock exchange has taken this strict step after the review of companies by SEBI (security exchange board of India).

RESULT TODAY - 

YES BANK, POWER GRID, JUBILANT FOODWORKS, BIOCON, MRF, MADRAS CEMENTS, VIJAYA BANK, NIIT, BAYER CORP, ZENSAR TECH, SRF, INDIABULLS REAL ESTATE, JSW ISPAT, TTML, NOVARTIS, RAYMOND, JYOTHY LABS, GUJARAT INDUSTRIAL POWER, ATUL, UFLEX, INFO EDGE, INDIA GLYCOLS, HENKEL INDIA, MAHINDRA HOLIDAYS, KIRLOSKAR INDUSTRIES, INDIAN HUME PIPES, JAYSHREE TEA, EXCEL CROP, STATE BANK OF MYSORE, ION EXCHANGE, MAWANA SUGARS, THINKSOFT, GTL INFRASTRUCTURE

STOCK MARKET TRADING RECOMMENDATIONS FOR THE DAY- 

1. DLF: Fresh long position can be initiated with tight stop-loss if DLF climbs above Rs 203.

2. ICICI Bank: We recommend a sell in the stock while maintaining tight stop-loss at Rs 928. 

3. Infosys: Initiate fresh short position with stiff stop-loss only if the stock drops below Rs 2,150.

4. L&T: Fresh short position can be initiated with stiff stop-loss if the stock reverses down from Rs 1,366.

5. ONGC: Initiate fresh long position with fixed stop-loss if the stock rallies above Rs 287.

6. Reliance Industries: The stock is moving sideways in a narrow range. Fresh long position is recommended with tight stop-loss only if the stock jumps above Rs 732.

7. SBI: Fresh short position can be initiated with stiff stop-loss only if SBI declines below Rs 2,076.

8. Tata Motors: Initiate fresh long position with stiff stop-loss if the stock rebounds up from Rs 214.

9. Tata Steel: The near-term outlook remains negative for the stock as long as it trades below Rs 402. We recommend a sell in the stock while maintaining fixed stop-loss at Rs 402.