Tuesday 6 August 2013

Sensex dropped 235 points, Rupee decline 61.51, Stocks nifty future call today Tuesday 6 Aug

The Rupee decline to all time hits a record new record low of 61.51 against dollars in mid morning on Tuesday. The Equity market benchmark Sensex plunged below 235 points and nifty dropped 82 points. 

The 30 share sensex index dropped 234.96 points or 1.22% at 18947.30 and the 50 share nifty index down 82.85 points or 1.46% at 5602.55. 

The rupee resumed lower at 61.05 per dollar as against the last closing level of 60.88 per dollar at the Interbank Foreign Exchange (Forex) Market and decline further to an all-time record low of 61.51 per dollar before quoting at 61.43 at 1030 hrs. 

OPTION CALL : BUY REL CAPITAL 310 PUT ABOVE 26 TARGET 27,28,29 STOPLOSS 24 

SELL NIFTY FUTURE BELOW 5645 TARGET 5630 ,5615,5600 STOPLOSS 5675 

OPTION CALL : BUY NIFTY 5900 PUT ABOVE 275 TARGET 285,295,305 STOPLOSS 255 

SELL Tata steel with targets 199/198/197 Stop loss 205 

SELL HDFC bank with targets 610/605/600 Stop loss 615

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