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Resources
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Mumbai stock market
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Pre market analysis/Market Today
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Free stock tips for 5th july 2010
Posted Date: 04 Jul 2010
Resource Type:
Mumbai stock market
Category:
Pre market analysis/Market Today
Author:
soubhagya das
Member Level:
Silver
Rating:
Points
: 7 (
Rs
3)
use free stock tips to Earn profit from stock market
USA market has crashed and due to negative data of employment it going down since last week and DOWJONES is now below 10000.
On Friday it closes at 9686 and also Dow future Trading at discount price that means on Monday also it will open negative.
But Indian stock market is not affecting with those datas and Any of the global impact.
we are in range bound zone so there is either little upwards or downwards in our stock market.
There is no big volatility found since last in Indian stock market because our fundamental is very very strong.
Indian companies mainly blue chip companies are outperforming since last year.
The big news for 5th july is Reliance Natural and Reliance Power has merged so there will be hike in stock price in ADAG group companies.
Again I am advising Buy reliance natural at Rs62 and my target is Rs69 with in a week, but again I advise if tomorrow morning it opens with a big gap mean It opens at rs65 or 66 then do not buy for delivery but you can buy for Intraday by using exposure limit available from your broker so that you can Earn some money.
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