Share Market Tips & Trend : Monday 8 August

Good Morning readers, Share market has opened on a new week with the trembling speed. Share market is in very down trend today. For the day, an important level is 5185 and for the week it is 5292 above which the market will stay positive. Bears have bursted out and Nifty is hovering. Too much of selling pressure covered the market. We recommend Buying strategy, Buy, buy and buy till Nifty doesn't come out of pressure.

NIFTY SUPPORT AND RESISTANCE TODAY :-

RESISTANCE :- Today the first resistance for nifty is at 5253-58 level.Next resistance is at 5271-75 level.

SUPPORT :-  On downside first support is at 5177-73 level.Next support is at 5151-47 level.

SHARE MARKET TIPS TODAY :-

1. BUY bank of maharashtra , with the target of rs. 65


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SHARE MARKET TREND FOR MONDAY 1 August

Share market this week has traded on mixed note, facing certain volatility. Share market trend was mostly bearish and most of the stocks painted red. Overall share market trend was traded in loss. 

Share market trend for monday 1 August is considered as  bearish and the share market breadth is negative following the asian cues. Traders are investors who has taken position may hold for some time more. They can wait for the market rally to be positive. Day traders are advised to play safe with strict stoploss.

Share market trend for the monday will be highly edgy and both the indices may see high volatility. Share market traders are advised to keep patience and play with strategy.

SHARE MARKET TIPS FOR MONDAY :-

Following are the share market recommendations with share market trend on monday 1 august :-

1. BUY ITC on dips

2. Invest in Idea cellular

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