market outlook for week starting 25 July 2016

Stock Market Basic Cource in Mumbai

market outlook for week starting 25 July 2016

Nifty has support around 8500 and resistance around 8600…8650. Market looks overbought and expected to remain range-bound for coming week. But ,scenario is bullish and market is scrip-wise bullish.

Short selling looks risky for this week.

Buy the following stock as per table given,

 

NAME OF STOCK ACTION PRICE STOP LOSS TARGET
CIPLA 515 510 540
CROMPTON 73 71 85
HCLTECH 725 710 740
HEXAWARE 222 218 230
IGL 615 610 640…….660
LIC 510 500 530
NCC 79 78 85
PCJWELAERS 392 386 410
RELINFRA 553 550 580….600
Rel Ind 1000 980 1060

 

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