MyDear visitor’s, Indian Stock Markets today 4th August Completely collapsed especially due to foreign institutional Massselling and partly because of broker’s margin calls. NSE benchmarkNifty fell over 1 percent led by panic selling in the last one hourof trade. Market may remain rattled till the time we see the actualaction the fed will take for which august 9th will bean important date. It is very clear that U.S. is actually slowingdown materially and there has to be some action from the fed to suitethe nerves to some extent. For tomorrow 5th August , Intraday Tips
Market will remain uncertain as per the EOD (END OF DAY) Chart, withno clear direction. One thing is sure that till 9th ofAugust , every time Market will show some very good Improvement, asudden mass selling will take place, as FII’s are looking for everyopportunity to offload their purchased stocks in good prices. Soconclusion is, for the time being reduce your buying exposure asminimum as possible and quit the market every day after making somereasonable profit. rest is your choice.
Market will remain uncertain as per the EOD (END OF DAY) Chart, withno clear direction. One thing is sure that till 9th ofAugust , every time Market will show some very good Improvement, asudden mass selling will take place, as FII’s are looking for everyopportunity to offload their purchased stocks in good prices. Soconclusion is, for the time being reduce your buying exposure asminimum as possible and quit the market every day after making somereasonable profit. rest is your choice.
Intraday Tips Stock Tips For 5 August 2011
1. COX& KINGS(Cox & KingsLtd.) :Buy at 235.45, Strict SL at 226.40, Intraday Target 238.45-241 Strong Resistance -245-248-250.
2. FCH(Future Capital Holdings Ltd.)– Buy at 177.60, Strict SL at 173.05, Intraday Target179.60-180.50 Strong Resistance -182-185.