The stock market has been in the good track as it continues to show the positive movements in the last consecutive sessions in support of good monsoon and solution to the greece default but it would be risky to predict the market before the decision, which would have been declared on Sunday.
Apart from all, the positive side is that many IPOs are in pipeline to be listed in the index which is good thing for the stock market trading, as history suggested that this time held on the market with higher note and led by the new offerings to the share market.
Indigo, Infibeam, TeamLease, Catholic Syrian, Cafe Coffee Day, Matrix Cellular, RBL Bank, GVK Airport Developers are the IPOs waited to come out.
Market Tips For Today
Sell MCX Crude oil @ July at 3685, Target-3590, SL-3730
Sell MCX Gold @ August at 26520, Target-26350-26220, SL- 26660