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02 Sept 2014
Nifty levels for todays trading -2 Sept

Nifty is having resistance at 8030 after breaking this level it is expected to move up.
At the downside it is having support at 7960, after breaking this level it is expected to move down.
After breaking any of these levels, traders can take 15 to 18 point profit.
After taking trade keep 30 points stop loss.

Levels Given on 1 Sept
Nifty is having resistance at 8000 after breaking this level it is expected to move up.
At the downside it is having support at 7900, after breaking this level it is expected to move down.


Nifty levels for this week -
Nifty is having resistance at 8010 after breaking this level it is expected to move up.
At the downside it is having support at 7900, after breaking this level it is expected to move down.


Option Trading Strategy based on above Resistance and Support

Put and Call can be bought after breaking above mentioned Resistance and Support and profits can be made.
Its very simple and very easy to understand this strategy. It requires investment of Rs 15000 and profit of Rs 1000 can be made in a day.

If you are interested to know then please visit This page
Stocks to watch today for trading

Hero MotoCorp Ltd

Hero MotoCorp Ltd: Hero MotoCorp Ltd, the country's largest maker of motorcycles and scooters, said August sales rose 21 per cent from a year earlier to 558,609 units

TVS Motor Company Ltd
TVS Motor Company Ltd: TVS Motor Company today reported a 46 per cent increase in its total sales at 2,27,482 units in August 2014.

IFCI
IFCI: Government plans to hike its stake in IFCI Ltd to 51 per cent by infusing Rs 60 crore in the country's oldest financial institution. Even though the government had a majority shareholding in the term lender, at present the stake is nearly 48 per cent on account of inclusion of preference share capital.

NTPC, Jaiprakash Associates:
NTPC, Jaiprakash Associates: NTPC, GVK Group and Jaipraksah Associates are among developers of 40 producing captive coal blocks and six soon-to-be operational mines that are likely to be spared from cancellation by the Supreme Court as the government on Monday sought special dispensation for them.

Tata Steel Ltd
Tata Steel Ltd: Continuous Annealing and Processing Company Private Limited (JCAPCPL), a 51:49 joint venture between Nippon Steel Corporation & Sumitomo Metal Corporation (NSSMC) of Japan and Tata Steel, inaugurated a new Rs 2,750 crore advanced auto steel facility.

SBI
SBI: State Bank of India (SBI) today signed a loan agreement with the Japan Bank of International Cooperation (JBIC) to set up an export credit line in two currencies worth USD 152 million.

PFC & REC
PFC & REC: The government's divestment drive is gathering pace. On Tuesday, the power and finance minister will meet over selling stake in Power Finance Corporation (PFC) and REC.