Buy Pantaloon R 200 call @4 tg
6.90,9.70 sl 2.40
NIFTY OUTLOOK FOR TOMORROW
Investors returned home with big gains on Friday. Nifty
closed at 5945 up 82.40 points .The market remained its uptrend move on global
cues but investors will be keenly watching inflation and IIP data which
will be announced next week. Now, we need to really understand the probability
of the market going up further and take decision to commit any fresh money in
the current upswing....
the range
between 5930 through 5950 would act as a resistance zone. Going beyond that the
index would face some psychological barrier at 5950 however, the true tough supply is likely at
5920through 5940. As of now, we can project up to 5970.
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RESISTANCE:5920 5940, 5960
SUPPORT: 5900,
5880, 5850
