The market continued to consolidate amid lack of fresh triggers for a decisive up-move. The global uncertainties are not completely out of the wood but the degree of threat is narrowing which will keep the long term outlook intact. European markets were trading lower as the stronger euro – a hit to exporters’ profits – continued to take the shine off one of the most favoured trades from earlier this year. The pan-European Stocks 600 was down by around 0.29% after the opening bell, with almost all sectors and major bourses trading in the negative territory. FTSE 100 was down by 0.23% at 7,380. CAC 40 also was down by 0.21% at 5,103. DAX also reduced by 0.15% at 12,278. Broader markets underperformed with BSE Midcap and the BSE Smallcap indices losing 0.4% and 0.1%, respectively. The Sensex ended at 31,687, up 24 points, while the broader Nifty50 settled at 9,934, up 5 points.
Nifty Intraday Tips for Tomorrow – (11th September : Monday)
CALL : BUY PANAMAPET ABOVE 251 TARGETS 254.75 , 258.5 , 262.25 STOPLOSS 243.5
CALL : BUY IBVENTURES ABOVE 257 TARGETS 260.75 , 264.5 , 268.25 STOPLOSS 249.5
CALL : BUY RADICO ABOVE 179 TARGETS 181.5 , 184 , 186.5 STOPLOSS 174