Tuesday, August 7, 2012

Nifty Futures Tips & Share Market Trend for Today


 Equity markets are now trading with stability after witnessing weakness last week. Although the market has not witnessed a big boom but the market seems to be at a risky position where we can not expect an immediate boom like we saw yeterday. Technically Nifty will have to emain above 5300 consistently to persist the upside trend. Inability to remain above 5268 may cause severe downside again.
Rupee opened Rs. 0.33 stronger against dollar today and Asian markets are also doing good so we can expect this day to be a positive one.
Nifty Futures Tips: Buy Nifty Futures above 5309 for The targets of 5033-5050 SL- 5378

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Posted By Commodity MCX Tips