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Weekly Wrap:- The Market registered modest gains in what was a volatile trading week. Felling were upbeat as retirement fund manager Employees Provident Fund organization (EPFO) entered the stock market through exchange-traded funds (ETFs) from Thursday, 6 Aug 2015, In four month after decided to trade in stock market.
RBI Policy:- The Reserve Bank of India (RBI) policy, the repo rate unchanged at 7.25% after a monetary policy review on Tuesday, 4 Aug 2015. RBI Governor Dr. Raghuram G. Rajan invited for monetary policy facilitating.
The Sensex gain 121.83 points or 0.43% at 28236.39 and the Nifty high 31.75 points or 0.37% at 8564.60 in last week.
On Technical view:- The nifty weekly chart resistance is seen at 8645 but breaks out with high volume and more bullishness is expected.
Nifty Move:- BUY Nifty Future above 8660 targets 8710, 8760 stop loss 8560
10 Aug 2015, Stocks Nifty future trading calls for tomorrow
BUY HINDPETRO FUTURE ABOVE 982 TARGETS 985 , 988 , 991 SL 976
BUY DLF FUTURE ABOVE 126 TARGET S 127 , 128 , 129 SL 124
SELL SUNTV FUTURE BELOW 337 TARGETS 334 , 331 , 328 SL 343
SELL COAL INDIA FUTURE BELOW 414 TARGETS 412, 410. 408 SL 417
Posted in: Indian Market Tips
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