View on Indian market as sent on 31st July 2015

Indian market shall be volatile to positive but experience profit booking in closing hours.

Debilitated Mars can cause a decline in realty and infra stocks.

After first week of August, market shall enter in a positive cycle. From 15th August, trend shall be more positive.

You are advised to accumulate long position on dips.

TRADING RANGE:

  • NIFTY FUT: 8550-8450
  • BANK NIFTY:18800-18400

BUY FOLLOWING STOCKS ON DIPS:

  • UNION BANK
  • LIC
  • SBI
  • INDIAN BANK
  • IDFC
  • BANK OF BARODA
  • ANDHRA BANK
  • MANIPURAM FINANCE

Leave a Reply