Yesterday Market seemed to gain some momentum in last hours as Nifty gained 28 points closing at 7735. Sensex on the other hand added 160 points closing 25262 and Bank Nifty closed almost flat at 16281.
Analysts believe that it will be India's large consumer base that will be driving the markets and it will be without any hand breaks. Lets be hopeful for the same.
Bhel, HDFC, L&T, Tata Motors and Ciplawere were gainers while Adani Ports, Bharti Airtel, Hindalco, HUL and Bajaj Auto were losers in the Sensex.
We booked part profit in Ashok Leyland at 101.20--101,it was recommended to sell below 102.80 yesterday.
Also booked part profit in Sell call of Reliance capital.
Our stop loss triggered in BHEL and Bharti Airtel but need not be worry at all. We will recover your loss soon.
Now what to expect??
Nifty future has support at 7730---7650 and resistance at 7825. Once break and close above 7825 will take to 7880---7930 and then to 8000 mark again.
More and more power will see only close above 8000 mark else it could test its support level of 7730---7650 again.
Fresh and positional sell will initiate only close below 7650 mark.
Traders can trade with levels only and wait for confirmation. Anything seems will update during market hours
Today's Top Pick
Today's top pick will update during market hours so keep visiting our blog and check our android app updates!!
More will update soon!!
