MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 6000
Resistance: 6038/6085/6122
Support:: 5953/5915/5868
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
Polaris Fin EQ: SELL < 113 TRG 109 SL 115
REC Ltd EQ: SELL < 187.50 TRG 179 SL 192.5
ABG Ship Yard EQ: BUY > 273 TRG 278 SL 267
Shanti Gears EQ: BUY > 49.75 TRG 50.75 SL 49.25
As we referring earlier, Traders are Selling at Good News and Buying at Bad News. Punishing Bad performers without any Mercy. In same lines, Bank Nifty has been got corrected and taken the Nifty to Negative. Today FnO Derivatives settlements is expecting between 5900-5950 and today's US Data is expecting Negative, market may continue its volatility between 5900 -6040. Today market may open with negative bias and yesterdays low and Nifty closing, will be critical to give short term trend to Nifty.
NIFTY SPOT LEVELS:
Pivot: 6000
Resistance: 6038/6085/6122
Support:: 5953/5915/5868
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
Polaris Fin EQ: SELL < 113 TRG 109 SL 115
REC Ltd EQ: SELL < 187.50 TRG 179 SL 192.5
ABG Ship Yard EQ: BUY > 273 TRG 278 SL 267
Shanti Gears EQ: BUY > 49.75 TRG 50.75 SL 49.25
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