1.Recap:After delivery call was issued for Noida Toll it touched approx 35 levels around a week back and is again down and thus individuals who can hold the stock can do so with a time span of 1 year for a target of 42 which is a reasonable return from present 28-29 levels.
2.Trend of Stock market:Resistance to the up move for Sensex is at 15576-15775 levels and for Nifty resistance for up move is at 4572.Watch market to give a firm close for three consecutive days to confirm uptrend else today correction can be termed as a technical bounce back.
SENSEX 15550.99(+290.08)
NIFTY 4528.85 (+88.80)
FTSE 6306.30 (+1.61%)
NASDAQ 2583.28 (+0.82%)
DOW JONES13358.31(+0.70%)
NIKKEI 17248.90(-0.23%)
3.Strong Future Stocks
Reliance Energy
Alok Industries
Neyveli Lignite
Ballarpur Industries
Jaiprakash Industries
Federal Bank
Triveni Engg
Crompton Greaves
Voltas
Hindustan Constructions
4.Weak Future Stocks
Polaris Software
Suzlon Energy
SRF
Aurobindo Pharma
Patni Computers
I-Flex
Glaxo
Escorts
TVS Motors
National Alluminium
5.IPO Day Trading:(a)Buy New listing Ev..non System to get good intraday returns.
(b)Neyveli lignite is in a bullish breakout and can be day traded for a target of 90
6.Delivery:My previous recommended call of Reliance natural resources(RNRL) can be held as a delivery as about to give a bullish breakout.
SURE SHOT DAY TRADING HOT TIPS FOR INDIAN STOCK MARKET:01 AUG
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