EQUITY CALLS IN MARKET HOURS AND MARKET OUTLOOK – 30.7.2014

Those investors who are in a panic because Nifty has corrected for 2 straight sessions, and are worried that the index may face a huge fall – here is some good news.

Take a long-term view. The future doesn’t look that murky at all. In fact, it looks extremely bright.

Nifty ( Spot ) : The crucial support for the Nifty is at 7700 – 7650 – 7600  and the resistance is at  7800 – 7850

Pre-market Future Call ( Intraday) :

TATAMOTORS  —  Buy above 457  StopLoss 451 Target 463 , 467

                           Short Sell below 451  StopLoss 457 Target 445 , 441

DLF  — Buy above 196  StopLoss 192  Target  200 , 203

           Short Sell below 192  StopLoss 196 Target 188 , 185