Indian stock market trading intraday calls|today Nifty best stock on focus

Today the Indian stock market slips marginally down.Indian rupee opened flat 62.15 per dollar.Nifty index is in need to open down on Monday because  Bank nifty continues to remain under pressure.In a next couple of day nifty is expected to trend down till 6100.in this time the key support will be at 6100 and resistance will be at 6247.

Nifty stock on focus today—

Tata motors ltd

Sell tatamotors target 367/365/363 stoploss 370

Tech mahindra–

Buy Tech mahindra target 1696.90/1698/1700 stoploss 1691

Coal india—

Buy Coal india target 284.55/285/286 stoploss 280

Nifty gainers- Ifosys 1.98%, IDFC 1.45%, Axis bank 1.16%, Power grid 1.08%, ICICI bank .92%, L&T .84%, Tata consultancy .78%, r. Reddy labs .94%.

Nifty losers—jindal steel 2.93%,Ambuja cements 2.27%, Bharat petrolium 2.18%, hindalco indus 1.77%, ultratech cement 1.69%.

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