As expected, Nifty future unable to breach 8255 mark and
slipped again close to 8130 mark.
Cairn india...Hindalco....Tata motors... Tata steel etc
continue moving towards north direction.
Still need trial... need not to worry at all. Watch more!!
What’s next in today’s trade??
Nifty future has support at 8130 and resistance at 8190---
8255. Below 8130 will see further panic till 8080---8055 and then to 8020 mark
else it could test its resistance level of 8190---8255 again. Further upside
rally seen only close above 8255 level on closing basis
On the other hand.. Bank nifty has support at 17450----17280
and resistance at 17870. Traders can trade in a range with strict stop loss and
wait for confirmation.
Top picks of the day
Castrol... Below 438. Sell it. We will see vertical crash in
it till 425----418 and then to 410 mark.
If break and sustain then maintain stop loss of 445
Titan.. Sell it below 339. We will see panic upto 335---331
mark.
Hurdle intact at 350
**IT stocks could move lower due to strengthening in INR
against USD.
More updates will be updated
during market hours!!
