Sunday, July 7, 2013

08-07-13 MARKET

MARKET TREND
Indian Market is very much in undecided status. One or another mean all class of assets are in static situation.  Market become sensitive to Peer Market and News, than Technical & Fundamental Values.  Since market is in cross roads, obviously Professional Traders likely to influence small investors. 
Today market may open with negative bias and likely to get support at 5800 level.  Day traders can go long with 5780 SL.

NIFTY SPOT LEVELS
Pivot: 5875
Support:: 5850/5833/5808
Resistance: 5893/5918/5935

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
TREE HOUSE EDU EQ: BUY > 269 TRG 282 SL 261.50
RELIANCE EQ: BUY > 876 TRG 888 SL 868

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