Share Trading Tips 12 July

Share trading tips,free share trading tips,share tips to trade in indian share market

The markets closed with significant declines today with realty being the biggest loser. The Sensex closed at 17491 (provisional), down 128 points from its previous close, and the Nifty closed at 5303 (provisional), down 42 points. The CNX Midcap index was down 0.4% while the BSE Smallcap index lost 0.3%. The market breadth was negative with advances at 526 against declines of 919 on the NSE.

Benchmark Index Nifty will open slightly negative, support at 5185-5260-5278.US important data which will release tonight and INFY result will decide market movement for coming days. Bearish mood will active only below 5292 and below 5267 may be its create panic in Indian markets. High volatility will expect and nifty will trade in broader range. For risky trader suggested to go short if market will give flat or positive opening with stop loss of 5355

Our outlook is negative for short term and advice to go short on higher level

Support: - 5185-5260-5278
Resistance: - 5335-5355-5370