In today meeting Reserve bank of India announce support for lending to Small Business Enterprises, RBI decision makes seems negative for banks and global market trade closed with negatively. Expect price cut down of crude oil in International Market and Indian currency raised against dollar so end of the Benchmark index closed with negatively.
Nifty IT Sector trade 2% low end of day like Wipro, Tech Mahindra, HCL, Technology, Infosys, and TCS stocks dragged 1.3%.
Nifty Index also near Support Level and Price showing down in the end of the day. Finally American Wallsteet also ended trade with high selling pressure so above all factor dragged Indian Market Sensex low with 300 below.
Nifty Key Support Near Support side, If the index move in opening trading session near 10679.27 to 10717.73, Below mentioned stocks may move tomorrow.
1. TVS MOTOR
If NIFTY 50 reach near to 10679 and Nifty Auto move near 9162, TVS Motors may move towards 541 to 550, TVS MOTOR CMP is 538.
2. ICICI BANK
2. ICICI BANK
In opening trade session ICICI Bank Target is 360 - 364. ICICI BANK CMP is 357.15, But Strongly CNXBANK has to move 26140.
3. DABUR
Dabur may hit tomorrow 402, Nifty reach near 10680 and Fast Moving Consumer Goods Index has to Move strongly near 29480.
Note: Here provided stock tips based on our analysis to know about stock moving in next trading hour. Capital Report states that it has no financial liability of information provided on this blog. Investing in stock market are subject to market risk. Seek a professional advisor before taking any investment decision. Capital Report will not be liable for any losses incurred or investments made or decisions taken or not taken based on the information provided.
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