Nifty Trend For Tomorrow

Nifty trend, Nifty Future, Nifty & bank nifty live updates, Nifty future Tips for tomorrow, Nifty update, share tips for tomorrow

Weakness in banking took its toll on the markets today with both benchmark indices closing with significant losses. All sectoral indices closed in the red and along with banking, realty, capital goods, IT and metal, too, closed with substantial declines. The Sensex closed at 16640, down 206 points from its previous close, and the Nifty shut shop at 5043, down 67 points. The CNX Midcap index was down 2% while the BSE Smallcap index lost 2.1% in today's trade. The market breadth was negative with advances at 331 against declines of 1133 on the NSE. The top Nifty gainers were Ambuja Cements, NTPC, Bajaj Auto andGrasim while the biggest losers included PNB, DLF,Tata Power and Tata Motors. 

For tomorrow 27 July, Nifty future will open with Positive nods. Major resistance for nifty future is 5100-5157 and having good support at 5022-5010. Now Market try to settle huge premium which is currently 40 points.

Our suggestion to sideway from market due to huge volume came today and high premium build up in August Contract series.

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

Share in bullish mode: - ADVANTA                                                                                         
Share in bearish mode: - MCX, VAIBHAVGEM, WELCORP