Buy Unitech 30 call @ .50 tg .90,1.40 sl .25
The call given of Reliance achieved first tg and PantaloonR made a high of 5.40 contd.. to hold.
NIFTY OUTLOOK FOR TOMORROW
The S&P CNX Nifty was down 21 points to 5,738 its lowest closing level since 6 November 2012. The index hit a low of 5,693 and a high of 5,744 in intraday trade.
Market for tomorrow is expected to be in uptrend, market may open higher but can give some volatility signals in the mid sessions. Nifty has moved up for six consecutive sessions However, now, once again time has come for another phase of consolidation especially when the international cues are rank negative...Chances are quite high for an FII led sell off in our market as well. While such a profit booking could well be just profit taking we need to see if the Nifty manages to stay above the 5750 – 5780 critical range today. Staying above this zone after the initial hit would suggest that the bulls would be able to take selling in their stride .On the way up, the same range between 5780and 5800 would offer major resistance and if it gets past this zone then the level of 5796 is likely to pose a stiff challenge to the upward march by the bulls before even they can take on the earlier 52-week high of 5815
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RESISTANCE:5700 5720, 5750
SUPPORT :5680, 5650, 5630