10-04-13
MARKET TREND:
Market is in oversold situation. Almost Nifty premium is nil. Gap filling area is very near i.e 5400/5450. Considering all these Bright Stars in the Dark, we expect market will take support at lows. With 5400 SL can go long for shorter period.
NIFTY SPOT LEVELS:
Pivot: 5528
Resistance: 5570/5644/5686
Support: 5454/5412/5338
NIFTY FnO BAN:
HDIL
STOCKS FOR DAY TRADING:
TATACHEM EQ: BUY > 314.50 TRG 317 SL 312.50
STOCKS TO WATCH (POSITIONAL)
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| how long should live in dark.... |
Market is in oversold situation. Almost Nifty premium is nil. Gap filling area is very near i.e 5400/5450. Considering all these Bright Stars in the Dark, we expect market will take support at lows. With 5400 SL can go long for shorter period.
NIFTY SPOT LEVELS:
Pivot: 5528
Resistance: 5570/5644/5686
Support: 5454/5412/5338
NIFTY FnO BAN:
HDIL
STOCKS FOR DAY TRADING:
TATACHEM EQ: BUY > 314.50 TRG 317 SL 312.50
STOCKS TO WATCH (POSITIONAL)
IGL, BIOCON, CIPLA, ADANIPORTS, DRREDDY, DABUR, SUNPHARMA
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