free nifty banknifty stock tips for 22 july
Nifty July future today closed at 8546 with loss of 82 points. In intraday, nifty hit high around 8649 while low was at 8532. Total almost 120 points intraday range and closed with losses on profit booking. 3% plus cut in open interest suggest heavy profit booking pressure on market. 8600 put option writing seen today. For intraday traders stay short with stop loss above 8560 spot for target of 8475 and below.
Banknifty July future today closed at 18766 with loss of 323 points. In intraday banknifty future hit high around 19148 while low was at 18735. Total 450 points intraday range and sharp profit booking pressure on market. 1% fresh short addition seen today. Option side, 19500 call option writing continues. For intraday stay short with stop loss above 19050 for targets 18670 and below.
In nifty 50 stock, INFY rallied by 12% on strong results. Follow by BHARTIARTL with 4% gain and fresh 52 weeks high. In losers side, SUNPHARMA tumbled by 15% on weak outlook while LUPIN down by 5% on sentiment. In F&O segment, INFY and BHARTIARTL was top gainers while SUNPHARMA and UNITECH was top losers.
In buzzing stocks, AUTOLITIND closed with another 20% circuit. SPICEMOBI stock also closed with 20% gains on news flow.
For tomorrow free intraday tips will be for COALINDIA. Sell COAL INDIA stock around 430 with stop loss 440 for target 415 to 410 in intraday.