stock market open negative trend today after long leaves, nifty down below 7900 with loss of 45 point and BSE sensex down 134 point at 26433, metal sector share fail 2% ,hindalco, sesa stirlite and tata steel was down 4% to 2%.
IT, reality and auto sector share look in green mode, tcs, infosys, wipro, hcl ,apollo tyres, ashok leyland, tata motors gained 6% to 1%.
nifty trend today:
nifty traded down side 7900 but strong support at 7885, then 7856, if break 7850 then 7800 should be touch , resistance level at 7963 then 8005 , intraday trader can buy nifty 7900 level hold 8000 above.
Bank nifty trend:
bank nifty hold 15215 with loss of 99 point, all public sector bank was down trend, afternoon time bank share should be reform so trader can buy SBI, bank of india, and hdfc bank on down side.
Bank nifty 15200 to 15350 then 15500 on this week down side 15100 then 14886.
stock future and option call:
option call: buy auropharma 1000 call above 30 target 40/50/60 stoploss 10
option call: buy tata motors 500 call above 20 target 21/22/23 stoploss 18
option call: buy hind petro 500 call above 11 target 12/14 stoploss 8
stock future tips:
buy ongc future above 400 target 401/402/403 stoploss 398
buy nifty future above 7915 target 7940/7960 stoploss 7900