My
Dear visitors’s, today 3rd August
it’s a disappointing day for the Indian Stock Markets as negative
Global Cues wrecked the total sentiment. The battle for 5400 however
was won by the bulls – at least for the day with the nifty closing
at 5404, down 51 points. I am still believe that Indian Stock Market
has enough liquidity and all negative domestic news have been priced
in, so disappointing global news only may act now as a dampener.
Tomorrow morning 4th August , I am expecting some up
surge in the Indian Stock Market for short covering purposes. But
afterward or at end of the day, it’s very difficult to say the fate
of the market right now.
Intraday
Stock Tips For 4 August 2011
1. UFLEX
(UFLEX Ltd.) : Buy at 212 Strict SL at 208, Intraday Target
214-216 Strong Resistance -218-221-224.
2.
DELTACORP (Delta Corp Ltd.) – Buy at 101.35, Strict SL at
98.10, Intraday Target 102.35-103.70 Strong Resistance
-104-106-108-109-110-112.
3.
HINDOILEXP (Hindustan Oil Exploration Company Ltd.) – Buy at
171.80, Strict SL at 167.15, Intraday Target 173-175 Strong
Resistance -177-179.