MARKET TREND:
Friday market was a day of profit booking. But volumes are not enough to take as positive direction. Today market may go for correction at higher levels and may see another consolidation day. On 12th we have Economic Data, traders may wait for that to estimate the direction. Still Nifty range between 6200-6000 is tact. FIIs are at buying side in total Derivative Section and partial profit booking has witnessed in Equity Segment.
Today Nifty may get resistance at 6120/6140 level. Day traders can go short at 6110/6120 level with 6140/6150 SL.
NIFTY SPOT LEVELS:
Pivot: 6058
Resistance: 6085/6108/6134
Support: 6036/6008/5987
NIFTY FnO BAN: AURBINDOA
STOCKS FOR DAY:
India Info Eq: Buy > 64 Trg 66.75 SL 62.50
Patel Eng Eq: Buy > 61.5 Trg 63.75/65 SL 60
Voltas Eq: sell < 120 Trg 117.50/116 SL 121
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