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Free Stock Tips for Tomorrow : 11th August Friday

Bears continued to keep tight control over Dalal Street as the Sensex crashed 375 points intraday Thursday, though there was some recovery in late trade. Investors monitored geopolitical tensions surrounding North Korea that hit sentiment across the globe. Healthcare, auto and banking & financials pushed the market lower today but technology bucked the trend on rupee depreciation. The 30-share BSE Sensex was down 266.51 points or 0.84 percent at 31,531.33. The 50-share NSE Nifty managed to hold 9,800 level at close, down 87.80 points or 0.89 percent at 9,820.25 after hitting an intraday low of 9,776.20.The broader markets butchered badly as the BSE Midcap index was down 2.6 percent and the Smallcap lost 2.9 percent on weak breadth.

Nifty Market Trend and Technical Chart

free stock tips for tomorrow

TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 9885, 9945
SUPPORT: 9765, 9715
APPROACH: SELL ON HIGH

Free Stock Tips for Tomorrow : 11th August Friday

SELL SANGHVIMOV BELOW 166.2 TARGETS 164.6, 163, 161.4 STOPLOSS 169.4
SELL PIIND BELOW 691.1 TARGETS 685.1, 679.1, 673.1 STOPLOSS 703.1
SELL CIGNITITECH BELOW 195.5 TARGETS 193.6, 191.7, 189.8 STOPLOSS 199.3



This post first appeared on Free Stock Tips India| Share Market Trading Tips|, please read the originial post: here

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Free Stock Tips for Tomorrow : 11th August Friday

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