Thursday 12 July 2012

Which Share to Buy

WHICH SHARE TO BUY,BEST STOCKS TO BUY,BEST STOCK TO BUY FOR TOMORROW

The markets closed with significant declines today with IT being the worst performer. The Sensex closed at 17218 (provisional), down 271 points from its previous close, and the Nifty closed at 5230 (provisional), down 77 points. The CNX Midcap index was down 0.4% while the BSE Smallcap index lost 0.7%. The market breadth was negative with advances at 460 against declines of 965 on the NSE

For tomorrow Benchmark Index Nifty will open slightly negative, support at 5220-5185.Global cues and world Index will make pressure with opening bell. Bearish mood will active only below 5220 and below 5205 may be its create panic till 5160 in Nifty. High volatility will maintain in nifty for coming days. For risky trader suggested to go short below 5215 with stop loss of 5235 for 50-70 point move

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

Support:-5220-5185-5160
Resistance: - 5335-5355-5370

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