Nifty level for 1 August

Nifty level for tomorrow, Nifty Future, Nifty & bank nifty live updates, Nifty future Tips for monday, Nifty update, share tips for tomorrow, share in news

The markets made a smart recovery in the afternoon to close with moderate gains and barring consumer durables, banking and power, all sectoral indices closed positive. Oil & gas, realty and metal were the biggest gainers in today's session and IT and healthcare, too, gained significantly. The Sensex closed at 17236, up 92 points from its previous close, and the Nifty shut shop at 5229, up 29 points. The CNX Midcap index was up 0.4% while the BSE Smallcap index gained 0.1% in today's trade. The market breadth was positive with advances at 741 against declines of 657 on the NSE. The top Nifty gainers were Grasim, ONGC,DLF and Sterlite Industries while the biggest losers included Bharti Airtel, Bank of Baroda, Hero MotoCorp and Jindal Steel.

For tomorrow 1 August, Nifty future will open with Flat nods.5325-5335 are trend decider for short term period. Major resistance for nifty future is now 5265-5295. Nifty future looking week only 5155 and major down fall will seem only below 5040.

Outlook is negative for short term and suggested to go short on higher level with proper stop loss

Share in bullish mode: -DABUR, PRAJIND, GESHIP                                                                          

Share in bearish mode: - J&KBANK, TATAINVEST, SRTRANSFIN