Share trading at BSE and NSE
One need to keep an eye on Nifty breaking 2659 level which means that the down trend will again commence targeting the level of Nifty 2500. One indicator which can bring some relief is Reserve Bank of India cutting rates by 50 basis points i.e. repurchase, or the repo rate becomes 5.0% and the borrowing rate, or the reverse repo rate becomes 3.5% and this may lead to a rally in the banks.Indian stock market trading | Results | Public Overview
<strong>India Stock</strong> Maruti gave bumper returns for day traders in form of a sum of Rs 1480, Aurobindo Pharma profit is Rs 760, Bata Profit is Rs 1290, M&M profit is Rs 280, Birla Corp and Colgate gains were Rs 90. Birla Corp is again standing close to entry price but as per the indicators one has to be cautious as stock is presently overbought.Day traders option | Trade to Riches
Buy Renuka>85.1,85.9,88 sl 83.2Buy Aurobindo Pharma>161.1,164.7 sl 159.5
Buy M&M>316.1,319.8 sl 313.8
Buy Maruti>685.1,688.9,692,700 sl 679.5
Buy Century>181.1,183,187 sl 178.5
Buy Colgate>451.1,454.7 sl 447.8
Online stock charts
Strong futuresAmtek Auto, Ultra Cemco, Maruti, Auro Pharma, Mphasis, TVS Motor, Century Textiles, Shree Cem, Ashok Ley & Grasim.
Weak Futures
Aban, Rolta, Syndicate Bank, NIIT, IOB, ICICI Bank, Indian Bank, Mah Life, Wock Pharma & Pantaloon.