SHARE MARKET TREND for Thursday 18 august

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SHARE MARKET TREND FOR Thursday (18 august) :

Share market trend for thursday is considered to be choppy. Global markets are weak and there is a lack of confidence in the Indian market, too. Traders and investors are advised to trade with strategy and strict stoploss both the sides. Today the market breadth is positive with advances at 345 against declines of 200 on the NSE.

NIFTY SUPPORT AND RESISTANCE :-

SUPPORT :- Nifty technical support is at 5030-26 level.Next support is at 5004-99 level

RESISTANCE :- Today the first resistance for nifty is at 5078-83 level.Next resistance is at 5092-95 level

HOT STOCKS TO WATCH TODAY :-

1. Areva T&D

2. Bharti Airtel

3. Sundaram Fasteners

4. Balkrishna Industries

5. TCS

6. ICICI Bank

STOCK MARKET TREND FOR Tuesday 2 August

STOCK MARKET TREND FOR (tuesday 2 August) :-

Stock market trend for tuesday 2 august is considered as bullish following the  asian and global cues. Sensex may see some volatility as the breadth was negative for most of the stocks. Nifty will trade with gains though traders and investors are advised to play safe with some good strategies and are advised to keep strict stop loss while playing. Stock market  will behave accordingly and the stock market trend also give chances to earn profit today

NIFTY SUPPORT AND RESISTANCE TODAY :-

RESISTANCE :- Technical resistance for the Nifty is marked near 5536- 5585

SUPPORT :- Nifty support is seen near 5464- 5440 levels 

EXPERT'S ADVICE :-

For the July series we had a buy-on-dips strategy but for this new series, we have a sell-on-rise strategy. Go short on every rally towards 5550-5600.

HOT STOCKS TO WATCH TODAY :-

Following are some hot stocks to watch out for today,please have a look :-

1. BGR Energy

2. Hindustan Zinc

3. Zubilant Food

4. Sun TV

5. Chambal Fertilizers

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