21-05-13 MARKET:

21-05-13

Yesterday Market has been booked some profit. Today also likely to continue the same trend.  Traders are shifting between equity and derivatives and playing with in range of 6000 - 6200. In line with peers,  market likely to open flat and close in red after gaining some points.  With 6200/6210 SL can go short for the target of 6120.

NIFTY SPOT LEVELS:

Pivot: 6177

Resistance: 6209/6231/6263

Support: 6155/6124/6102

NIFTY FnO BAN: NIL

STOCKS FOR DAY:

SUPREME INFRA EQ: BUY > 208 TRG 211 SL 206

RIIL EQ: BUY >414 TRG 424 SL 398

STOCKS TO WATCH – POSITIONAL (WAIT FOR DAY LOWS)

ADANIENT, IDFC, LICHSGFIN, RELIANCE, PFC, IRB, RECLTD