free nifty banknifty stock tips for 27 aug 2015
Nifty Aug future today closed at 7787 with loss of 109 points. In intraday nifty future hit high around 7939 but succumbed to profit booking and closed near low of 7785. Here previous low of 7660 will remain support and till then one can use these sell offs for buying and accumulation with strict stop loss below low. On upside 8010 and 8160 are still target zones. Today 15% drop in open interest shows profit booking and rollovers. Option side nifty 7900 call options writing seen.
Banknifty Aug future today closed at 16901 with loss of 302 points. In intraday banknifty future hit high around 17172 while low was at 16875. Total 300 points intraday range and closed with loss. 14% drop in open interest shows profit booking as well as rollovers. Banknifty 17500 call options writing seen. 16500 is major support and if comes around it then one must buy it.
In nifty 50 stocks, BHEL and TATAPOWER are today’s top gainers while TECHM and HEROMOTOCO lost 4-5%. In F&O stocks, RELINFRA and IBREALEST rallied 9 to 10% while BHARATFORG and TATACHEM lost 5% each. In buzzing stocks, 8KMILES and PFOCUS closed with 205 upper circuit.
For tomorrow, free stock tips will be buy HT Media Limited stock around 83 with stop loss 80 for positional target 92.