Markets closed lower on Tuesday; Nifty closed in red losing 0.1%

Intraday Trading Tips, Stock Tips TomorrowIndian stock markets closed lower on Tuesday in a lackluster trade ahead of the outcome of RBI’s bi-monthly policy due for later tomorrow. BSE Sensex dropped 67.28 points to end at 32,802.44 while NSE Nifty shed 9.5 points to finish at 10,118.25.
Nifty closed in red losing 0.1 percent while Nifty Bank gave a sharp recovery in last the last hours of the trade, regaining almost all that it lost during the day. Nifty Future closed with slight loss of 0.13% at 10,146. Built up of long position were seen in Hexaware, Shriram Transport Finance, Jet Airways  Just Dial, Amara Raja Battery, Biocon, Tata Elexsi and Mcdowell while short-positions were seen in Mahindra and Mahindra, IRB, Hero MotoCor,  KPIT, Mindtree, NTPC, UPL, Eicher Motor and Grasim.
Shriram Transport Finance and Jet Airways were the biggest Future & Option gainers in the trade, gaining approx, 6% each.  HDFC Bank and ITC dragged the Nifty index most while PSU banks were among the outperformers.
Shriram Transport Finance and Jet Airways managed to close positive after the negative streak of last 5 trading sessions and it carried on its formation of lower highs & lower lows and needs to hold above 25,200 zones to keep the short-term stability, while on the downside, next support exists at 25,000 then 24,750 levels.

Stock Tips Tomorrow

BUY KEI ABOVE 412 TARGETS 418, 424, 430 STOP LOSS 400
BUY ISFT ABOVE 832.5 TARGETS 844.5, 856.5, 868.5 STOP LOSS 808.5

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