nifty increase last trading session today above 5725 level with increase of 29 point , auto, energy, reality share bounce by news of increase petroleum product like petrol, diesel , auto sector increase 3% above as well as reality and energy sector 2% above dlf , ongc, escorts motors, bajaj auto, jp power, ioc, bpcl increase 20% to 4% .
today WPI data come of july month and that increase 5.79% , food inflation rate increase 11% above than 9% of july month . That will negative point for market.
nifty trend today: nifty open above 5700 level and increase 15 point morning session after that some pressure seen on nifty , last trading session with global trend nifty increase 30 point above 5730 level.
Stock future and option tips:
buy nifty above 5730 target 5750,5770 stoploss 5700
buy bpcl future above 305 target 310,312 stoploss 300
option call: buy dlf 155 call above 8.80 target 9.80, 11,12 stoploss 6
option call: buy tata steel 250 call above 10 target 11,12,13 stoploss 7.50