30 July 2014


"Sell SBIN Future Below 2450 Tgt 2429/2402 Sl 2477" 
"Buy Tatamotors Future Above 456 Tgt 462/469 Sl 451"
Volatility was witnessed in the market today .The Sensex regain its intraday losses of 141 points in trade on Wednesday and closed above its comfortable zone of 26000. The Sensex finally ended 96 points higher at 26,087. It hit a low of 25,850 and a high of 26,113 in trade today. The Nifty index also managed to regains comfortable zone 7750, supported by gains in consumer durable, banks, pharma and FMCG stocks. The Nifty index closed 42 points higher at 7,791. It hit a low of 7707 and a high of 7798 in trade today. Nifty future opened towards down side at the level of 7751, made a high of 7794 and low of 7711 and closed at 7788, total 83 points was moved by nifty future.
The market will remain volatile tomorrow as traders roll over positions in the futures & options (F&O) segment from the near month July series to August 2014 series. The near-month July F&O contracts expire tomorrow, 31 July 2014. Tomorrow Nifty future will move in the range of 7732-7790 level.7820-7835 will act as higher resistance levels for nifty while 7710-7695 will act as very good supporting levels for nifty.
More about intraday tips on Google +
RESISTANCE: 7765, 7800, 7835
SUPPORT:  7730, 7695, 7660


  1. Shares of intraday IRB infra soared 7.97% on intraday . And India's largest private sector lender ICICI Bank beat street expectations with first quarter net profit rising 16.75 %
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