MARKET TREND:
Friday Market has given overall Technical Pull-back by opening higher volatility. Since directional Indicator has to establish, we have to treat this as News based/Temporary Pull back only. Nifty range has been increased to 5600 - 6000 level. Upper level will be Key to establish market direction.
NIFTY SPOT LEVELS:
Pivot: 5814
Support: 5776/5711/5673
Resistance: 5880/5918/5984
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
PRAJIND EQ: BUY > 38 TRG 39-39.50 SL 37.50
KALYANI STEEL EQ: BUY > 36.50 TRG 40 SL 35
IDFC EQ: BUY > 128 TRG 130-132 SL 126
Friday Market has given overall Technical Pull-back by opening higher volatility. Since directional Indicator has to establish, we have to treat this as News based/Temporary Pull back only. Nifty range has been increased to 5600 - 6000 level. Upper level will be Key to establish market direction.
NIFTY SPOT LEVELS:
Pivot: 5814
Support: 5776/5711/5673
Resistance: 5880/5918/5984
STOCKS FOR DAY:
PRAJIND EQ: BUY > 38 TRG 39-39.50 SL 37.50
KALYANI STEEL EQ: BUY > 36.50 TRG 40 SL 35
IDFC EQ: BUY > 128 TRG 130-132 SL 126
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