stock to watch for tomorrow 13 july 2011

buy wockhardt above 430 tg 434,439 stop loss 424.45

Capital Stars: sell indian bank below 207 tg 204.50,201 stop loss 210.45

Capital Stars: sell iob below 138 tg 136.50,134 stop loss 140.25

Bank nifty futures : 13 July 11

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10805 to 11270. Bank nifty futures can go down till the level of 10805 once it breaks the level of 10900. On the opposite side once breaking the level of 11125, it is expected to go upward till the level of 11270. Bank nifty will be trading between the narrow range of 10900 to 11125

Nifty spot level : 13 july 11

Market was down due to the weak global market. Us market went down badly on Monday and European market is also trading in red as investors again started to worry about the worsening debt crisis.

Tomorrow nifty is expected to trade between the strong levels of 5410 to 5600. If the market breaches the level of 5555on the upper side then the next resistance level will be 5600. But if nifty breaches the support level of 5480 then it may go down till the level of 5410. Nifty tomorrow is strongly expected to trade between the narrow range of 5480 to 5555.