MARKET TREND:
FRIDAY MARKET HAS NOT GIVEN MUCH BREAK TO BULLS. TECHNICALLY IT HAS LEFT MIXED TREND (HANGMAN). ONLY TODAY'S CLOSE AND WPI DATA CAN GIVE THE DIRECTION TO MARKET.
TODAY MARKET MAY OPEN FLAT AND WAIT FOR WPI TRIGGER. NIFTY MAY GET RESISTANCE 6120/6145 AND GET SUPPORT @ 6000 / 6060 LEVELS FOR DAY.
NIFTY SPOT LEVELS:
Pivot: 6083
Resistance: 6120/6145/6181
Support: 5059/6022/5998
NIFTY FnO BAN:NIL
STOCKS FOR DAY:
UCOBANK EQ: BUY > 66.57 TRG 69.35 SL 65
JAINIRRIGATION EQ: SELL < 61.50 TRG 60.15 SL 62.75
COALINDIA EQ: SELL < 287 TRG 280/276 SL 293
FRIDAY MARKET HAS NOT GIVEN MUCH BREAK TO BULLS. TECHNICALLY IT HAS LEFT MIXED TREND (HANGMAN). ONLY TODAY'S CLOSE AND WPI DATA CAN GIVE THE DIRECTION TO MARKET.
TODAY MARKET MAY OPEN FLAT AND WAIT FOR WPI TRIGGER. NIFTY MAY GET RESISTANCE 6120/6145 AND GET SUPPORT @ 6000 / 6060 LEVELS FOR DAY.
NIFTY SPOT LEVELS:
Pivot: 6083
Resistance: 6120/6145/6181
Support: 5059/6022/5998
NIFTY FnO BAN:NIL
STOCKS FOR DAY:
UCOBANK EQ: BUY > 66.57 TRG 69.35 SL 65
JAINIRRIGATION EQ: SELL < 61.50 TRG 60.15 SL 62.75
COALINDIA EQ: SELL < 287 TRG 280/276 SL 293
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