Indian
Stock Market Trend
:- My Dear visitor’s, today 10th August
Indian Stock Markets snapped a six-day losing streak, rallying
towards positive direction continuously following strong Global Cues,
which included the U.S. Federal Reserve’s pledge to keep interest
rates near zero for two more years. However, a volatile European
Market and fragile U.S. Index futures kept Investors on the edge of
their seats in the last one hour of trade. But dow jones futures too
cut losses from 135 points to 55 points. Back home, the 50 share NSE
Nifty rose 88.15 Points, to end at 5161. The rally led by short
covering was on expected lines as the market was in deep oversold
territory. It might be a slow recovery but we will see more
stabilized and somewhat better Market going ahead. This recovery
which is starting today should continue and should become stronger in
as many days.
Intraday
Stock Tips For 11 August 2011
1.
CHAMBLFERT :- Buy at 103.00, Strict SL at 100.30, Intraday
Target 105-106 Strong Resistance -108 - 110
2.
ADVANTA : – Buy at 287.90, Strict SL at 282.55, Intraday
Target 291-292.40 Strong Resistance -296-302-309-316
3.
GLENMARK :– Buy at 319.80, Strict SL at 315, Intraday Target
323-327 Strong Resistance -329 – 333 - 338.