MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 6229
Resistance: 6256/6273/6300
Support: 6210/6185/6168
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
KSL LTD EQ: BUY > 18 TRG 18.80/19.30 SL 17.50
ARVIND LTD EQ: BUY > 152.35 TRG 157 SL 149.75
IFBLTD EQ: BUY > 74.70 TRG 77.25 SL 73.50/72
HDFC LTD EQ: BUY > 817 TRG 824 SL 812
Wednesday
market played as it should be on Derivatives Settlement Day. FIIs are
at Long Side, even though market breadth was in Negative (but better
than earlier day) by taking profit in Mid Cap, but Nifty closed above 50
DMA and its Month High. Since Fibonacci Resistance laying at
6265/6270 level, Nifty may get resistance at this range and if the
Todays Infrastructure Data & GDP Data gives Positive Figures, market
surely may test its earlier high of 6350 in this series.
Today
market may open flat with positive note and be range bound till it get
adjust its OI values. Day traders can go long in opening with 6190 SL
for Target of 6230/6260.
NIFTY SPOT LEVELS:
Pivot: 6229
Resistance: 6256/6273/6300
Support: 6210/6185/6168
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
KSL LTD EQ: BUY > 18 TRG 18.80/19.30 SL 17.50
ARVIND LTD EQ: BUY > 152.35 TRG 157 SL 149.75
IFBLTD EQ: BUY > 74.70 TRG 77.25 SL 73.50/72
HDFC LTD EQ: BUY > 817 TRG 824 SL 812
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