MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 5846
Resistance: 5955/6013/6122
Support: 5788/5680/5620
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
JIN DALSTEEL EQ: BUY > 237.50 TRG 242 SL 233
AJMERA EQ: BUY > 58.50 TRG 61.50 SL 57
SHRIRAMTRAN EQ: BUY > 553 TRG 585 SL 534
NMDC EQ: SELL < 120 TRG 117 SL 122.50
YESTERDAY MARKET'S TRUMPET VICTORY IS VICTORY OF NEWS DRIVEN MARKET. IN ONE DAY CORPORATE WORLD NOT CHANGED MUCH. BUT SHARE MARKET GIVEN ITS CONCERN TO NEWS AND HOPES. IN OUR MARKET RUPEE, TRADE BALANCE POSITIVES HAVE CONTRIBUTED MUCH TO THE WORLD SENTIMENT AND TAKEN THE BEARS TO TASK. THIS KIND OF GAME CHANGERS CAN'T BE FILTERED BY TECHNICAL ADVISERS AND WILL BE FORCED TO GIVE POOR PREDICTIONS. EVEN WE ARE NOT EXEMPTED FROM THE TREND REPORT, EVEN THOUGH OUR INDIVIDUAL STRIPS HAVE PERFORMED AS PER OUR EXPECTATIONS. THAT IS REASON ALL WAYS WE ADVISE TO TRADE WITH STRICT STOP LOSS.
TODAY OUR PEER MARKETS OPENED WITH NEGATIVE BIAS AND OUR SGX NIFTY ALSO JOINED THE GANG. EVEN OUR MARKET ALSO MAY START WITH NEGATIVE BIAS AND GO FOR PROFIT BOOKING IN THE MORNING SESSION AND MAY CLOSE FLAT BY END OF DAY. 5850-5950 MAY BE RANGE FOR THE DAY.
Pivot: 5846
Resistance: 5955/6013/6122
Support: 5788/5680/5620
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
JIN DALSTEEL EQ: BUY > 237.50 TRG 242 SL 233
AJMERA EQ: BUY > 58.50 TRG 61.50 SL 57
SHRIRAMTRAN EQ: BUY > 553 TRG 585 SL 534
NMDC EQ: SELL < 120 TRG 117 SL 122.50
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