Share Market India Trend Tomorrow - Nifty Outlook 13 July

Indian share market today traded rangebound and proved to be the another negative day. Sensex closed at 17233, down 257 points from its previous close, and the Nifty shut shop at 5235, down 71 points. Share market for tomorrow is considered to be volatile but there are some indicators of corrections, keep a close eye on that.

Nifty Support and Resistance for Tomorrow 13 July -

Support :- First support is marked near 5223 and second support will be at 5172.

Resistance :- first resistance at 5274 and last resistance will be at 5325 

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Best Stocks To Buy Today - Intraday Calls

Good Morning dear readers, Indian share market today opened on a negative note but according to market sentiments we expect Nifty to drive positive trend. In the latest updates, Indian Rupee also fell against dollar. At 9:02, the rupee was at 55.72 to the dollar, lower by 0.6 per cent or 33 paise from Tuesday’s close of 55.39

Nifty Range, Levels, trend Today-

The Nifty is now expected to head higher till 5400 with support around 5300 in the short term. The index had been trading range bound between 5263 and 5333

Day Trading Share Tips For The Day -

1. BUY Aban Offshore Ltd with a target of Rs 450 and a stop loss of Rs 413.80 
2. BUY' Axis Bank Ltd with a target of Rs 1115 and a stop loss of Rs 1048 
3. BUY Crompton Greaves with a target of Rs 145 and a stop loss of Rs 130 
4. SELL Hexaware Technologies with a target of Rs 113 and a stop loss of Rs 121 
5. SELL Wipro Ltd  with a target of Rs 366 and a stop loss of Rs 392

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STOCK UPDATES , NIFTY TIPS, COMMODITY TREND TODAY

SHARE MARKET TREND TODAY

Indian Share market is expected to remain choppy for the next few days. The US markets erased most of their gains to finish flat on euro zone concerns. Despite this all three major indices managed to end off their worst levels after an initial sharp drop following the report. Facebook stock declined further amid doubts over the company's valuation

NIFTY RANGE>>LEVELS TODAY

The Nifty fell over 100 points in intraday trade before closing near intermediate support levels due to ongoing weakness in the Indian rupee on Tuesday.Nifty may retest 4800 to about 4780 levels in the worst case scenario amid negative news flow and rupee depreciation which is really a worrying factor for markets If the Nifty moves up to 4900 then create short positions with a target of 4800-4780

HOT STOCKS TO WATCH TODAY

GAIL, UCO Bank, BGR Energy, NIIT Technologies, Tata Power, GVK Power, Central Bank, Thomas Cook, Inventure Growth, Wockhardt, KGN Enterprises, Sesa Goa, IVRCL, SKS Microfinance, Century Textiles, Hexaware Technologies, Glenmark Pharma, Godrej CP, ABG Shipyard, Idea Cellular, Educomp Solutions

COMMODITY MARKET UPDATES

Crude prices decline with Brent below USD 108 per barrel as signs of a deal between the UN nuclear watchdog and Iran on Tehran’s nuclear program eased fears of oil supply disruptions. From the precious metals space, gold prices slipped to USD 1560 per ounce following weakness in euro. Copper on the London Metal Exchange is trading with a slight decline. Copper 0.80 per cent fall in the domestic market on Tuesday closed at Rs 429.International market, gold - silver has declined strongly. Gold in the domestic market with strong light on Tuesday to Rs 29 086, while silver dropped half per cent to Rs 54 460. 

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