Stock Trading Tips

Further, Japan’s Nikkei 225 Stock Average is trading is trading marginally lower by 0.11% to 9,545.12 after opening strong. Slide is Japanese stocks came as investors are a bit conscious ahead of earning announcements. Further, Shanghai Composite is down by 0.58% to 3,003.82 and Hang Seng Index fell 0.24% to 23,919.06.

Separately, Seoul Composite and Taiwan Weighted are trading lower by 0.25% and 0.17% respectively. In the domestic arena, the markets are likely to follow the rout of global counter part and trade range-bound with downside movement. Realty, Oil&Gas and Metal pivotals will be in focus today.

On Monday, The domestic stock market closed the first trading day of the week on a negative note tracking the unfavouring cues from the domestic and global arena. The sentiments across the board was bearish since the initial bell on the back of weak Asian stocks that tumbled on concerns of soaring crude oil prices.

The BSE SENSEX was at 19262.54 down by 188.91 points or by 0.97 % and then NSE Nifty was at 5785.7 down by 56.3 points or by 0.96%. The BSE MIDCAP was at 7123.57 down by -49.93 points or by -0.7 %. while the BSE SMLCAP was at 8709.91 down by -62.64 points or by -0.71 %. The BSE Sensex touched intraday high of 19426.3 and intraday low of 19242.59 The NSE Nifty touched intraday high of 5830.3 and intraday low of 5777.9.

INTRADAY NIFTY FUTURE

Nifty Future Closing : 5803
Watch carefully today's nifty magical figure... 5800
Buy Nifty Future above magical figure for upside
First target...   5826 and above it
Second target...    5848
and crosses over both it will come...    5865
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5764
Second target... 5730
Third target... 5701

SENSEX

(Closing - 19262)
Today's Sensex magical figure... 19253
Above magical figure upside targets ,
First target ... 19331
Second target...19396
Third target ... 19450
Sensex Running Below Magical Figure,
First target ....   19140
Second Target ... 19040
Third target ...18950

BANK NIFTY STOCK OPTION FUTURE

(Closing - 11629)
Today's magical figure...11650
Buy it above magical figure upside
First target ... 11700
Second target ... 11760
Third target...    11824
Sell it if running below Magical figure for downside:
First target ...11520
Second target...11445
Third target ... 11370

ICICI BANK FUTURE

(Closing - 1103)
Today's magical figure... 1103
Buy it above magical figure upside targets
First target ... 1113
Second target ... 1122
Third target ... 1135
Sell it running below Magical figure for downside:
First arget ... 1092
Second target ...1075
Third target ... 1058

IFOSYS FUTURE

(Closing - 3252)
Today's magical figure... 3255
Buy it above magical figure upside
First target ... 3274
Second target ... 3312
Third target ... 3332
Sell it running below Magical figure for downside:
First target ...3226
Second target ...3192
Third target ... 3170