NSE Nifty Future , Syndicate bank, havells Trading levels Today

Nifty July Future: (7669) Consider for this week...Buy or remain long considering 7647-7640 a nearest & 7600 a crucial support keeping stop loss of 7567. Upward side it'll rush up to 7701 & thereafter to 7757 initially which is a crucial hurdle to watch out for. A close above 7757 fresh buying will take it up to 7797 & 7830-7860. Downward side break below 7567 it'll turn weak & fall down to 7506-7476 initially, keep stop loss of 7445 to your overall buys.

SYNDICATE Bank:- (151) Sell 154 a crucial resis SL 157. Down it'll fall down to 147 & 144.

GODRE IND:- (342.75) Buy 340 & 337 solid supports SL 335. UP it'll spurt up to 350 & 355.

HAVELLS :- (1261) Buy 1254 & 1230 solid supports SL 1220. UP crossover above 1283 it'll spurt up to 1304, 1323 & thereafter to 1342

What Will be impact of Import duty in gold MCX

Gold imports last month, the government can put in a substantial increase. According to exclusive information that this was the biggest reason the government decided to cut the last minute postponed the gold import duty. According to sources, there has been a substantial increase in import of Gold in June. According to early June, nearly 106 tonnes of gold was imported. In May, nearly 62 tonnes of gold was imported.

The sudden rise in gold imports in June compared to May, the government has been alert. Gold import duty reduction at the decision has been avoided. According to sources, the Ministry of Commerce is putting tremendous pressure to reduce duty. Gold imports in July reduced the duty reduction may be considered.

Analyst Say, If import Duty will be Decreased in gold then you can see the levels of 26,500 again. We Are Advices for long term investors can sell Gold near at 28,00 with in August future contract, targets 27,500 & 27,000 Stop loss 28,500.

WEEKLY STOCK RECOMMENDATION @ Moneymaker Financial

@  BUY IRB FUTURE ABOVE 247 TARGET 248.20, 249.40, 250.60 SL-244.60

@ BUY HDIL FUTURE ABOVE 91 TARGET 91.60, 92.20, 92.80 SL-89.80

@ SELL ARVIND FUTURE BELOW 200 TARGET 197.50, 195, 192.50 SL-205 .

@ SELL BHARAT FORG BELOW 625 TARGET 620, 615, 610 SL-635.