BEST STOCKS TO BUY TOMORROW - NIFTY OUTLOOK 30 Aug

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Indian equity benchmarks dropped for the fourth consecutive session on Wednesday as hopes of new reforms by the government waned after the consistent parliament logjam by the opposition party BJP since the start of monsoon session. The downtrend was despite the constant inflow of foreign money since July 27; they have bought more than Rs 9,000 crore worth of equity shares till yesterday. The 50-share NSE Nifty closed below the 5300 level - for the first time in last three and half weeks - ahead of settlement day tomorrow. The index fell 46.80 points to close at 5,287.80. Meanwhile, the 30-share BSE Sensex lost 140.90 points to 17,490.81, weighed down by oil & gas, steel, capital goods, auto, IT and banks stocks.

Share Market Trading Recommendations For Tomorrow 30 Aug

Indian share market is facing tough time, Nifty and Sensex dragged today ahead of global and domestic cues. But where there is a will there is a way, our share market experts advise that traders can make more short positions to earn good returns. Market is giving clear and simple directions towards the downside.

NIFTY TREND : Range, Levels, Support and Resistance

Pivot Level = 5312 Support1 = 5274 Resistance1 = 5332 Support2 = 5254 Resistance2 = 5370 Support3 = 5216 Resistance3 = 5390

Bank Nifty Levels

Pivot Level = 10071 Support1 = 9987 Resistance1 = 10116 Support2 = 9941 Resistance2 = 10199 Support3 = 9858 Resistance3 = 10245.

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