MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 6089
Resistance: 6102/6120/6130
Support: 6070/6060/6040
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
LOVABLE EQ: BUY > 320 TRG 330 SL 313VOLTAS EQ: BUY > 123 TRG 126 SL 121
ICICI BANK EQ: BUY > 992 TRG 1008 SL 983
Yesterday Market moved with Positive Expectation of Economic Data than Technicals. Evening Economic Data also better numbers than previous even though they are not positive. FIIs are on selling side in Derivative Segment (except equity) and DIIs are in selling side in Equity. Nifty has formed another Hammer Candle (red), with out giving any directional indication.
Today Market may open Flat and go volatile to cover Short Term Traders Positions. Nifty likely to get support 6060-6050 level and may close with positive note. Nifty may get resistance at 6160/6180 at higher levels.
NIFTY SPOT LEVELS:
Pivot: 6089
Resistance: 6102/6120/6130
Support: 6070/6060/6040
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
LOVABLE EQ: BUY > 320 TRG 330 SL 313VOLTAS EQ: BUY > 123 TRG 126 SL 121
ICICI BANK EQ: BUY > 992 TRG 1008 SL 983
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