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stock market nifty trading trend for 24th June 2014 - An exclusive report by Sharetipsinfo.com. For further share tips enquiry contact us on +91 8030088464 or visit http://www.sharetipsinfo.com
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An exclusive report by Sharetipsinfo.com
Nifty Trading Trendfor 24th June,2014
Stock Market Outlookon 24th June 2014
FII & DIIs Activity
FIIs sold Rs 214.49 cr in cash while DIIs were net buyer to the tune of Rs 117.43 cr.
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Stock Market on 24th June 2014
US Stock closed on flat note, NASDAQ closed 0.10% up while Dow closed 0.06% down and S&P closed 0.01% down .Europe too traded in negative territory on Monday, DAX closed down 0.66%, CAC closed 0.57% down and FTSE closed 0.36% down.SGX Nifty trading 22 point up at 8 PM.
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Stock Market on 24th June 2014
Indian share market is expected to open on positive note. Sustaining at higher level is crucial. We expect selling pressure will mount at the higher level. A range bound trading for the market.
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Technical
Chances are we are going to see a recovery. Sharp recovery from lower level yesterday with huge volume suggests market will show some upside today.
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Strong Nifty Support and Resistance
Support for Nifty: 7440-7460 Resistance for Nifty: 7550-7565
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Fundamental Pick/ Technical Call
Fundamental Pick of the Day: Buy Asahi India Target Rs 80
Technical Call of the Day: Buy Adani Port Target Rs 245 , S/L 233 Buy Idea Cellular Target Rs 143, S/L 136.5
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