Best Nifty Levels for Tomorrow (12th July)

Market Update:

Equity benchmarks began the week on a positive note, driven by a rally in banks as well as pharma stocks. the performance helped the nifty above to its 9700- mark. The Sensex was up 31.45 points at 31747.09, while the Nifty was up 15.00 points at 9786.05 the market breadth, however, was narrow as 557 shares advanced against a decline of 947 shares declined, while 52 shares were unchanged. TCS, Bajajauto, BPCL, Hindalco, TataMotors and Infy to gained the most on both indices, while bankbaroda, cipla, wipro, bhartiartl and auropharma lost the most.

BUY GOACARBON ABOVE 338.0 TARGETS 341, 344, 347 STOPLOSS 333
BUY LUXIND ABOVE 1160 TARGETS 1170, 1180, 1190 STOPLOSS 1140
SELL VIPIND BELOW 185 TARGETS 183, 182, 180 STOPLOSS 189

Best Nifty Levels for Tomorrow (12th July)


Nifty close at positive side and Nifty-50 take a support from the level of 9778 if Nifty-50 will cross the level of 9780, in the next trading session. We recommended sell from the level of 9780.