On Muhurat trading... we have seen slight positive move in
Nifty and Bank Nifty. We clearly indicated that recent low and recent high is
crucial for equity segment.
Now what to expect???
Again... recent low and high is very crucial for Nifty and
stocks specific. Nifty has support at 7760 and resistance at 7880---7960--8030
mark.
Either side break or close with volume on weekly basis will
decide further. Today we will expect range bound trading in Nifty. So trade
with levels only. More will update during market hours.
Today's top pick
Buy and accumulate Adani Port in panic around 262---260.
Stop loss 254. Target looks 273.
Sell SBI around 244---246 with stop loss of 252. Target
looks 232.
More will be update soon!!
