Monday 2 September 2013

EuroZone and Chinies market trend help to nifty gain 5550 today

nifty close at 5551 with increase of 80 point up trend, pharma, metal, fmcg share top leader in market today, tata steel, ranbaxy, union bank, indusind,axis bank, yes bank increae 6% to 4.45%.
global market Support:
 Eurozone PMI figures because of the spectacular boom in European markets. CAC, Diaaks and the FTSE rose 1.5 percent. Eurozone manufacturing PMI was 51.4 in August, which is the highest since June 2011.
 China PMI data also good because of the increased strength in Asian markets. Hang Seng, Nikkei and Straits Times rose by around 2-1 per cent. Cospi and Shanghai Composite are dull. China's August manufacturing PMI rose to 50.1. Rupee strength: rupee open today 66.15 against dollar and mid say session look strong recover at 65.74, now traded at 66.00 level so these effect seen on market.
Stock tips tomorrow: 
buy ayropharma future above 182 target 185,186,187 stoploss 178
buy tata motors future above 304 target 310 stoploss 300
option call: buy dlf 140 call above 11target 14,15,16 stoploss 9
 optioncall buy nifty 5600 call above 116 target 130,140 stoploss 100

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