MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 5853
Resistance: 5882/5914/5944
Support: 5820/5791/5760
NIFTY FnO BAN:NIL
STOCKS FOR DAY:
GSPL EQ: BUY > 51 TRG 53 SL 50
SGJHL EQ: BUY > 61.50 TRG 64.50 SL 60
RELINFRA EQ: BUY > 383 TRG 395 SL 375
TODAY ALL PEER MARKET INDICES ARE IN NORTH SIDE DIRECTION. OUR MARKET ALSO LIKELY TO OPEN WITH POSITIVE AND MAY GET RESISTANCE 5970/5990. SINCE, FRIDAY NIFTY CANDLE SHOWS BULLISH REVERSE CANDLE, ONE CAN GO FOR SHORT AT HIGH LEVEL WITH 6020 SL. TODAY OUR WPI DATA SHOWS ALMOST FLAT, AND PETROL PRICE INCREASE MAY NOT SUPPORT SOME SECTORS, AND FIIs ARE AT LONG SIDE FROM LAST FEW SESSIONS, THEY MAY GO FOR PROFIT BOOKING.
NIFTY SPOT LEVELS:
Pivot: 5853
Resistance: 5882/5914/5944
Support: 5820/5791/5760
NIFTY FnO BAN:NIL
STOCKS FOR DAY:
GSPL EQ: BUY > 51 TRG 53 SL 50
SGJHL EQ: BUY > 61.50 TRG 64.50 SL 60
RELINFRA EQ: BUY > 383 TRG 395 SL 375
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