MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 5358
Resistance: 5448/5594/5684
Support: 5212/5122/4976
NIFTY FnO BAN: FINANTECH, HDIL
STOCKS FOR DAY:
SURYALAXMI COTTON EQ: BUY > 46 TRG 48/49 SL 45
AMTEKINDIA EQ: BUY > 65 TRG 68 SL 62.75
BIOCON EQ : BUY > 329 TRG 338/346 SL 320
ASIANTILES EQ: BUY > 24.25 TRG 25 SL 23.50
As we mentioned in our earlier notes, RBI measures have turn as News to market, and opened volatility. But positive bias yet to start. Since, more wider opinions are hearing from Media about our economy and opportunities for investments, most of the Mid and Smaller investors are trying to away from the market. Even professional investors like Templeton and Standard Charter are divided regarding the Indian Market Valuations. Common man should know only thing, Anything Should Buy, when others are away, to have more economical value. Since Stock Buying is become more sentimental than value buying, most of the retailers are missing opportunity of buying stocks at cheaper price. They should start investment at least in SIP.
Pivot: 5358
Resistance: 5448/5594/5684
Support: 5212/5122/4976
NIFTY FnO BAN: FINANTECH, HDIL
STOCKS FOR DAY:
SURYALAXMI COTTON EQ: BUY > 46 TRG 48/49 SL 45
AMTEKINDIA EQ: BUY > 65 TRG 68 SL 62.75
BIOCON EQ : BUY > 329 TRG 338/346 SL 320
ASIANTILES EQ: BUY > 24.25 TRG 25 SL 23.50
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