Stock trading tips on bearish market
The volatile and unpredictable session in indian stock market today after yesterday heavy fall the market start their session with positive note with the major market index swinging between red and green with a few point and closed the another day with negative note, afraid of another fall in Chinese markets that hit the lower circuit by falling 7% and had to be closed for trading yesterday.
During the day Selling was seen on the counters of HDFC Bank,TCS, Infosys and HUL putting pressure on the index as the sensex lost 43 points, or 0.17 per cent, to close the day at 25,580.and the Nifty closed at 7,785, down 6.69 points, or 0.1 per cent after started near 7,800 level.
Nifty has technical supports in the zone of 7,800- 7,790 and 7,780.If Nifty falls below this last support, then 7,750 and 7,744 will mark its lower supports.
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