MARKET TREND:
Resistance: 5887/5916/5933
Support: 5840/5823/5794
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
MADHUCON PROJECTS EQ: BUY > 20 TRG 21.75 SL 19.40
CCL PRODUCTS EQ: BUY > 307 TRG 318 SL 296
THINKSOFT EQ: BUY > 73 TRG 75 SL 71.50
HINDALCO EQ: BUY 102.50 TRG 104 SL 101
Yesterday market is reflection of uncertainty in market and poor sentiment. Yesterday suppose to be Day of Consolidation, but it went on minor correction with breadth loss. Since Derivatives range is in intact between 5600 - 6000 and Rs. fall was arrested, market may witness day wise volatility till the major results (Qtr) start coming. Today market may take support @ 5820 after opening with negative bias. Day traders can go long with 5790 SL.
NIFTY SPOT LEVELS:
Pivot: 5870Resistance: 5887/5916/5933
Support: 5840/5823/5794
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
MADHUCON PROJECTS EQ: BUY > 20 TRG 21.75 SL 19.40
CCL PRODUCTS EQ: BUY > 307 TRG 318 SL 296
THINKSOFT EQ: BUY > 73 TRG 75 SL 71.50
HINDALCO EQ: BUY 102.50 TRG 104 SL 101
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