free stock market trading tips for tomorrow 15 july 2015
Nifty July future today closed at 8457 with loss of 25 points. In intraday, nifty hit high around 8503 while low was at 8440. Total 65 points intraday range and closed with loss on profit booking. Nifty in consolidation stage but for future long positions 8425 is trailing stop loss while target will remain at 8580. Today open change is not that much significant. Nifty 8500 call option writing continue remain as strong intraday resistance. Below 8425 correction may start for target 8355. Risky trader can buy nifty 8500 put options for intraday with stop loss above 8500 spot.
Banknifty July future today closed at 18806 with loss of 170 points. In intraday banknifty hit high around 19008 while low was at 18801. Total 200 points intraday range and closed with loss. Option side 19500 call option writing continues and remain as strong psychological resistance. For tomorrow 19050 spot remain as strong resistance and below it might show correction up to 18550.
In nifty 50 stocks, COALINDIA and INFY are top gainers with 2-3% gains. While on losers side, TATAMOTORS tumbled by 5% on weak china sales outlook and SBI continue primary trend with 2% loss. In F&O segment, JPASSOCIAT and JSWENERGY rallied 5% on short covering. While TATAMOTORS and TATAMTRDVR lost 4-5%. In buzzers stocks, PETRONENGG and AROGRANITE locked up to 20% circuit on strong buying interest.
For tomorrow, free intraday tips will be for ZEEL. Sell ZEEL stock around 380 with stop loss 385 for target 370-365.