Indian stock market market outlook:Nifty future trade tips, stock tips for 2 july

The indian share market continue moving in strong up direction, But july is the most important month now with union budget to be presented on july 10.

The sensex is up 246.61 pts or 0.97% to 25762.96 and the nifty is trading up 65 pts or 0.85% to 7699.70 . united spirits,sesa sterlits pared some of the morning gains but was still trading above 2%.

Top trading stock for short term gain- Aditya birla nuvo, exide industries, yes bank, ACC,Tata motors, Tata power.

 Bullish stock in nifty midcap- adani enterprise 3.95%, Cesc 5.24%, crompton greave 2.09%, hind zinc 2.73%, Jsw energy 2.18%, power finance 2.33%,

Bearish stock in nifty midcap- Bank of india 0.15%, Bata india 0.54%, GMR infra 0.72%, canara bank 0.05%, IGL 1.79%,

Jindal Steel & Power is a ‘BUY’ call with a target 336/341/ 346 and a stop loss of Rs 324

Dr. Reddy is a ‘BUY’ call with a target 2645/2660/2675 and a stop loss of Rs 2620.