Market ended higher by almost 2% with the Nifty index hitting the highest mark since August, 2015, supported by strong global cues as stronger-than-expected US jobs report suggested that recovery in the world’s largest economy was back on track. The Sensex zoomed 500 points to end at 27,627, the highest level since August 20, 2015. The Nifty50 surged 145 points to close the session at 8,468 after hitting an intra-day high of 8,475, its highest level since August 19, 2015.Asian and European markets enjoyed a relief rally on Monday as upbeat US jobs data lessened immediate concerns about the health of the world’s largest economy, while the long-run fallout from Brexit kept sovereign yields near record lows.
Stock Intraday Tips For Tomorrow: 12th July
Buy BALPHARMA above 106.50, Intraday targets are 107.50, 108.50 and 109.50, Stop loss at 104.50
Sell TRIGYN below 118, Target for intraday trading are 117, 116 and 115 level, stop loss at 120
Buy VENUSREM above 101, Intraday Target levels are 102, 103 and 104, Stop loss at 99.
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