MARKET TREND"
NIFTY SPOT LEVELS:
Pivot: 6039
Resistance: 6057/6085/6103
Support: 6010/6952/5964
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
HANUG TOYS EQ: BUY > 76.5 TRG 79 SL 74
BAJAJ AUTO EQ: BUY > 1937 TRG 2015 SL 1889
TECHMAH EQ: BUY > 1125 TRG 1147 SL 1107
Due to selective stocks picks, Market is challenging technical advisers. RSI is in negative divergence, Open Interest base range has increased to 5900 from 5800 PE. Trend indicators are positive by giving Cash Flows in Statistic condition. In this conditions, traders should play only positional to and selective strips with strict Stop Loss.
To day market may open flat with positive bias and move as per peer market. At 6060 level can go short with 6085 SL.
NIFTY SPOT LEVELS:
Pivot: 6039
Resistance: 6057/6085/6103
Support: 6010/6952/5964
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
HANUG TOYS EQ: BUY > 76.5 TRG 79 SL 74
BAJAJ AUTO EQ: BUY > 1937 TRG 2015 SL 1889
TECHMAH EQ: BUY > 1125 TRG 1147 SL 1107
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