Dalal Street likely to see markets in green as global markets look good. You can book partial profit and wait for the markets to correct and then re-enter again. So, as a short-term trader, you can buy on a dip on selected stocks only. Check out the Stock Trading Tips – 04 July 2017.
The foreign institutional investors (FIIs) sold shares worth Rs 805 crore and domestic institutional investors bought shares worth Rs 954 crore in Indian equity market.
You can expect great monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased. It raises prospects of higher farm and economic growth which is positive for the Indian stock market.
The India Meteorological Department (IMD) has upgraded monsoon forecast to 98 percent for this year. Rainfall during the June-September period monsoon season will be normal this year.
Read more about: How Monsoon Affect Your Earning From Stock Market
You can also read this week multibagger jackpot Stock: How Multibagger Stock Vedanta Can Double Your Money
Stock Trading Tips – 04 July 2017
Equity, Futures & Option, Commodity & Currency
Equity: Stock Trading Tips – 04 July 2017
BUY JK Paper for a Target of 105.50, and keep Stop Loss @ 89.90
Long A2Z for a Target of 49.90, and keep Stop Loss @ 43.10
BUY Nelco for a Target of 109, and keep Stop Loss @ 98.10
Future & Option: Stock Trading Tips – 04 July 2017
BUY Nifty 27 July 2017 CE 9700 (Call Option) for a Target of 120, and keep Stop Loss @ 45
Commodity: Stock Trading Tips – 04 July 2017
BUY Crude Oil Future 19 July 2017 for a Target of 3095, and keep Stop Loss at 3020
Currency: Stock Trading Tips – 04 July 2017
SELL USDINR 27 July 2017 for a Target of 64.90, and keep Stop Loss @ 65.20
Check out Multibagger Jackpot Stocks Ideas also:
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