Share Market Trend
Current Nifty trend suggest a bull trend in Nifty. Today is rise in early morning session. Currently Nifty is trading at 6023 level up by 24 points. However it is looking in buying side but still it has a consolidate to bull trend. It has a support at 5980 level and a strong resistance at 6080 level. Indian Bank shares were among the big losers in early trade, after reporting a 37 percent drop in net profit for the December quarter. Nifty is trading on tipically consolidate mode. It will be better to trade on short profits. We suggest to trade on intraday terms.
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Intraday Stock Tip Today
In this market trend we suggest to buy TATA Steel on 404 level with a target of 411 level and stop loss at 397 level for 1-2 trading session.