Free Nifty Tips for Tomorrow & Nifty Trend

Indian share market zoomed in to make all time record high today. In the morning market opened up

on the positive note today. During the whole day market maintained the positive up side trend but in the last few hours of trading session, market closed on the flat note to negative note. Nifty closed 6 points down from it's previous close of the day at 7906 while sensex managed to get closed on green note at 26,437. Today stocks of BHEL, TCS, Dr Reddy's Labs, Maruti Suzuki, HUL were among the top 5 gainers while Jindal Steel, Hindalco, Tata Steel, Sesa Sterlite and Tata power.

For Tomorrow our experts are expecting market to maintain and extend the uptrend momentum further. The stocks that will be in focus tomorrow are  BHEL, Hindalco, banking sector stocks etc. Nifty is expected to take support at around 7876 while resistance can be seen at 7950. 

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Share Trading Tips Free for Tomorrow

Market which was on running on the bullish trend for 6 continuous days closed on red note today. Most of the short term and intraday traders booked heavy profit today. After scaling to new record high, both Indian market index BSE Sensex & Nifty and large cap market shares closed going down. After touching the all time high of 26504.5 Sensex in the last trading session could not maintain the momentum. Nifty also closed moving down up to 30 points. Sun Pharma, Cipla, Lupin, Tata Power, Dr. Reddy's Labs, BHEL were among the winning shares of the day while ONGC, IDFC, Tata Motors, HDFC, M&M were the losers. In the intraday highlights the stock of Cadila Health Care zoomed after getting approval for the drug from US. while a news of Fixed deposit scam came in flash of OBC and Dena Bank. 

For tomorrow we are expecting market to make recovery. Nifty is expected to take support around 7850 while resistance can be seen at 7810. For tomorrow 21 August 2014 we are advising following trading tips.

• Sell Oriental Bank of Commerce (OBC) below 262 for the Intraday Target of Rs. 257-254 with stop loss at 267. 
• Sell Dena Bank Bank below 59.70 for the Intraday target of Rs 58.50-57 with stop loss at 61.