Tuesday, February 18, 2014

19-02-2014 MARKET:

MARKET TREND:
Yesterday Market given pull back to 20 &100 days average.   FIIs are buying side in Derivative and Equity segment.   Derivative range and OI status & MACD indicate the NIfty may get resistance at 6155/6180level.   We feel if the Nifty may get consolidate between 6100-6180 level for a day or two before it takes clear direction.

Today market likely open Flat with positive bias and likely range bound.   Day traders can trade between 6120 - 6180 with SL 6100 lower side and 6200 higher side.

NIFTY SPOT LEVELS:
Pivot: 6111
Resistance: 6157/6186/6231
Support: 6080/6035/6005

NIFTY FnO BAN: AURBINDO

STOCKS FOR DAY:
VIP IND EQ: BUY > 62.50 TRG 67 SL 59.75
CROMPTON EQ: BUY > 121.50 TRG 125 SL 119
CENTURY TEXT EQ: BUY > 300 TRG 304/307 SL 297

No comments:

Post a Comment