Monday 30 July 2012

Nifty level for tomorrow

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 robust gains today with all sectoral indices closing in the green. Realty, power, banking and capital goods were the best performers in today's session and metal, consumer durables and auto, too, closed with substantial upside. The Sensex closed at 17144, up 304 points from its previous close, and the Nifty shut shop at 5200, up 100 points. The CNX Midcap index was up 1.7% while the BSE Smallcapindex gained 1.3% in today's trade. The market breadth was positive with advances at 953 against declines of 491 on the NSE. The top Nifty gainers were Reliance InfraJP AssociatesCairn India and IDFC while the biggest losers included Ambuja CementsHULHCL Tech and ONGC
For tomorrow 31 July, Nifty future will open with Positive nods. Major resistance for nifty future is now 5230-5245. Due to RBI announcement, High volatility will expected during the day. 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: - GLENMARK, SRSLTD, TWL, SHARONBIO, KIL                                          
Share in bearish mode: - SWRAJENG, HGS,  MANAPPURAM, ANSALHGS

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