MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 5755
Resistance: 5791/5846/5883
Support: 5699/5662/5607
NIFTY FnO BAN: NIL
STOCKS FOR THE DAY:
PTC EQ: BUY > 46 TRG 47.50 SL 45
GSPL EQ: BUY > 53.75 TRG 57.40 SL 51.25
DABUR EQ: SELL < 172 TRG 170/168 SL 175
YESTERDAY MARKET WAS IN SELL MODE DUE TO TECHNICAL WEAKNESS AND INFLUENCE OF PEER MARKETS. TODAY ASIA'S MAJOR MARKETS ON HOLIDAY AND TOMORROW OUR MARKET WILL BE CLOSED AND AFTER YESTERDAYS FALL, MARKET MAY BE SUBDUED WITH LOW VOLUMES. TRADERS MAY BE PREFER TO COVER THEIR POSITIONS (LONG OR SHORTS) AND WAIT FOR NEXT MARKET DAY. AS NIFTY IS LIKELY TO PLAY BETWEEN 50 AND 200 DMA LEVELS, TILL WE GET 3RD QTR FIGURES, MARKET MAY LITTLE BOREDOM IN COMING WEEK.
TODAY WE MAY WITNESS SELL AT HIGHS AND SUPPORT AT 5700 LEVEL.
Pivot: 5755
Resistance: 5791/5846/5883
Support: 5699/5662/5607
NIFTY FnO BAN: NIL
STOCKS FOR THE DAY:
PTC EQ: BUY > 46 TRG 47.50 SL 45
GSPL EQ: BUY > 53.75 TRG 57.40 SL 51.25
DABUR EQ: SELL < 172 TRG 170/168 SL 175
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