BEST STOCKS TO BUY 28 Oct

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Indian share market today expected to open higher following the global cues on friday 28 oct. Nifty trend today is up but may face some volatility. Nifty important levels to watch today is 5450. Today is the last trading day of the week and festive season is on vogue this week. So, it is advised to be cautious and wait for the right opportunity to come. Plan proper strategy for the Monday trade and stay profitable.

Best share to buy today

Following are the buying and selling recommendations for the day :-

1. BUY ITC Ltd with a target of Rs 230 and a stop loss of Rs 204

2. BUY Hathway Cable & Datacom Ltd with a target of Rs 135 and a stop loss of Rs 110

3. BUY Tata Global Beverages Ltd with a target of Rs 101 and a stop loss of Rs 80

4. BUY ACC Ltd with a target of Rs 1260 and a stop loss of Rs 1140

5. BUY M&M Ltd with a target of Rs 900 and a stop loss of Rs 825

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SHARE MARKET TREND TODAY 22 aug

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Share market has opened with a flat note today. if we talk about Nifty then the first resistance for nifty is at 4885-90 level.Next resistance ranges are at 4928-33,4960-65,4992-95,5018-22 level,5051-54 level,5082-86 level,5111-13 level,5139-43 level. Technical support for the Nifty is marked near.

first support is at 4805-00 level.Next supports are at 4789-85 level

STRATEGY FOR PLAYING SAFE TODAY :-

The nifty is now trading deep in the red so be very alert and do not attempt to do buy at low.Better wait for a reversal in trend to buy.SO today nifty expected to open gap down and more selling to follow below 4800 level and on upside till nifty is above 5000 stay away from long side.For Intraday it is better to stay away from shorts if nifty is above 4900.

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