Monday, September 16, 2013

17-09-13 MARKET:

MARKET TREND:
Yesterday our market was not supported by any factors like data, peer market, dollar etc.  Obviously market went for profit booking, without spoiling derivative OI levels.   But for the day Nifty closed with bearish candle.  Since, today also our peer markets have opened with flat note, and traders are likely wait for FED meeting,  our market also may open with flat note and start value buying at low levels. Yesterday Nifty high level and 5770 at lower side, may be kept as stop less and go for trade. 

NIFTY SPOT LEVELS:
Pivot: 5865
Resistance: 5932/6024/6091
Support: 5773/5706/5614

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
APOLLO TYRES EQ: BUY > 65.75 TRG 66.50/67 SL 64.50
INDIAINFO EQ: BUY > 39 TRG 40/41.75 SL 38
JSWSTEEL EQ: BUY > 654 TRG 675 SL 633

No comments:

Post a Comment