MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 5330
Resistance: 5385/5482/5529
Support: 5232/5178/5078
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
HELIOSMATH EQ : BUY > 68 TRG 70 SL 65.50
HDIL EQ: BUY > 34 TRG 36 SL 33
IBREAL EQ: SELL < 58 TRG 56 SL 60
MOST OF THE PANIC SITUATIONS WILL NOT HAVE WISE DECISION. YESTERDAY AGAIN WE HAVE WITNESSED THE SAME IN MARKET. TRADERS/INVESTORS HAVE STARTED TAKING POSITIONS OR SELLING ONLY ON EXPECTATIONS. THAT IS THE REASON WEATHER THE STRIPS HAVE VALUE OR NOT TREATED AS THE SAME AND THEY RUSHED TO SELL. AS THE SENTIMENT IS WEAK AND MANY VALUE STRIPS ARE WAITING FOR LIFTING, WE CAN OPT FOR THOSE ON DELIVERY BASIS. WE HOPE PEOPLE SAYS AS THE US FINANCE HAS IMPROVED. BUT HOW THEY CAN IMPROVE INDUSTRIAL PRODUCTIVITY AND SPREAD THE VALUE AMONG THE WORLD WITHIN SHORT PERIOD. AS PER US, THEY ARE MANAGING THEIR '$' VALUE ($ SUPPLY Vs DEMAND), VERY WELL AND AND IN TURN THEY ARE PUTTING PRESSURE ON DEVELOPING COUNTRIES' CURRENCIES..
TODAY MARKET MAY START NEGATIVE, AND RUN FOR RANGE BOUND TRADE BETWEEN 5200 - 5330.
NIFTY SPOT LEVELS:
Pivot: 5330
Resistance: 5385/5482/5529
Support: 5232/5178/5078
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
HELIOSMATH EQ : BUY > 68 TRG 70 SL 65.50
HDIL EQ: BUY > 34 TRG 36 SL 33
IBREAL EQ: SELL < 58 TRG 56 SL 60
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