Today’s Stock Market Sensex & Nifty (Cash and Options) Free Trading Calls

• Stock Market Pre-opening Outlook: On friday, Market opened flat with negative biased and was trading in 4560-4610 range for whole day. EU markets also opened very flat with some positive move. But US markets were opened very weak which dragged EU market in RED to close with 1% losses. Indian Market NSE nifty closed exactly at its Major Support level 4580. I am expecting nifty to open flat or with negative trend. But 4520 will give ajor support to market. On rise market will face heavy resistance at 4650. If nifty is closing above 4650 level for 2 days then nifty will open gates for 4730, 4890 levels. But if its closing below 4580 for 2 consecutive days then it may drag below 4440, 4390 level on closing basis. We have see some heavy buying in PUT 4300 Sept Nifty and CALL 4600 Sept Nify, Which signifies that market may trade in 4300 to 4600 range for some time. On every rise please keep booking profits in metal and bank stocks and buy Pharma and Food (Agri, Sugar, Tea) Stocks on dips. If market wont get support from EU and rest Asian market then we may see closing below 4520 otherwise it will close above 4610.
• Nifty Levels: Current: 4580 Support Level 4557, 4520, 4440 Resistance Level 4650, 4685, 4730
• Buy KS Oil: CMP 56.1, Short Term Target 60, 63 Stop Loss 54
• Buy GSPL: CMP 74.8 Target 78 Short Term Target 83, 84 Stop Loss 71
• Buy Petronet LNG: CMP 71.6 Short Term Target 78 Stop Loss 66
• Sell ACC: Target 815, 800 SL 835
• Buy Agro Tech Food: Buy above 211.5, Target 223 Short Term 234 SL 202
• Hold NIIT Tech:Hold this for short term target 165 (Not Intraday – For those who are having long position)
• Buy Gujarat Ambuja Export: Buy Above 22, Short Term Target 25 Stop Loss 20.9
• Buy AVT Natural Products: Buy above 80, Target 83, 85 Short Term Target 89 Stop Loss 76
• Buy Man Industries: Buy Above 52 Target 55 Short Term Target 58, 61 Stop Loss 47
• Buy and Hold IRB Infrastructure: Buy above 188, Short Term Target 198, 200 Stop Loss 182 (10-12 Trading Sessions)
• Buy IRB Infrastructure On dips: Medium to Long Term Target 235, 250 Stop Loss 155 (10-12 Months Target)
• Risk Trader ==> Buy Tata Motors: CMP 467 Target 482, 486, 491 Stop Loss 461
• Book Profit in Natco Pharma if you have in DP
• Option Trading: Profit book call given for 4600 Nifty Call on friday and market tanked. More Option Trading calls will be given on live market.
• Note: Book Profit in Metal (Steel, Copper, Zinc) Stocks if nifty trades high
• Mid Session: Buy PUT 4200 @ 25-28 Target 45 – 60 Stop Loss 20 (Follow Strict SL – Risk taking Traders only)
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Things to watch in this week

• Adani power IPO listing
• Gitanjali Gems Buy back
• Prime minister is going to meet all states Chief Ministers
• SEBI is going to meet Mutual Fund Authority to discuss MF investment matter
• US government is going to release: Jobless Claim Data, Home Sell Data