MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 6195
Resistance: 6228/6251/6284
Support: 6173/6140/6117
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
NBCC LTD EQ: BUY > 116 TRG 122 SL 112
KARURVYSYA EQ: BUY > 342 TRG 347 SL 338
RICOAUTO EQ: BUY > 6.50 TRG 7.50/8.15 SL 5.95
YESTERDAY MARKET MOVED AS PER EXPECTATIONS. MID CAP ACCUMULATION WAS WITNESSED ALONG WITH SHORTS IN LARGE CAP INDICES. SINCE MARKET IS IN UPTREND DUE TO CASH FLOWS, MARKET MAY WITNESS CORRECTION/PROFIT BOOKING WITHIN THIS WEEK. DURING THIS CORRECTION MARKET WILL PREPARE FOR 31st IS DERIVATIVES SQUARE OFF AND MOORAT TRADING ON 3rd. BY THAT TIME STRIPS WILL SETTLED WITH ITS REAL VALUES, SHORT TERMS TRADERS MAY BOOK PROFITS AND GET READY FOR MOORAT TRADING.
TODAY MARKET MAY OPEN WITH NEGATIVE INLINE WITH PEERS AND GET SUPPORT 6170/6180 LEVEL AND MAY CLOSE POSITIVE.
Pivot: 6195
Resistance: 6228/6251/6284
Support: 6173/6140/6117
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
NBCC LTD EQ: BUY > 116 TRG 122 SL 112
KARURVYSYA EQ: BUY > 342 TRG 347 SL 338
RICOAUTO EQ: BUY > 6.50 TRG 7.50/8.15 SL 5.95
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