Market today

Today nifty looking to open flat to negative around 5950 .

Trader buy nifty around 5930 with stoploss of 5910 for price target of 6045 in intraday.
Today nifty call is blockbustr

Reliance ind. Result

Reliance industries ltd. report quartlerly result yeaterday after market close posted calm result even below expecatation as grm and oil gas devision but in sense of economy front i can say impect on stock price seem 20% appereciation in coming months so one can go.lomg on reliance.

Another bet for dr reddy lab.price seem target of rs.2500 in coming days so one can buy at each fall on price.

Stock like idfc, itc and tech mahindra for short to medium term investment.
Indian hotel and raymond ltd. out from f&o from august series one can out from stock if already invested in these stock.

Expiry of nifty looking in between 6100-6200 level.

Market mood ahead

Market trading around nifty level of 6000 yesterday market many scrip in mid cap sector down more then 3-4 % but as nifty get support by Infosys stock gaining 17% upside as result beat street expectation .


market looking to be in volatile phase in coming days as result session continue gave surprises and next week more big companies going to announce quarterly result so stock specific move also seen in market .

my view nifty may get support around 5920 and upside hurdle of nifty at 6100 in this settlement if nifty break these level we could see more down or upside in market .i feel nifty may touch 6200 in current settlement as month end side RBI credit policy banking stock move further upside but be cautious in trade ,always keeping strict stop loss to avoid huge loss .

top picks in coming days are jswsteel,idfc, irb infra and hdfc bank.buy these stock at lower level with stop loss.