Buy ICICI BANK 1200 call @ 18
tg 26,37 sl 10.50
NIFTY OUTLOOK FOR TOMORROW
There was not a good start of the day, nifty managed to gain
pace once again crossed and sustained 5900
and ended at 5926 today.In case, you see any recovery monitor the level 5940
acting as the first line of resistance....
However, so long as the levels from
5960 through 5980 are taken out firmly we can’t expect any real strength
surfacing. The bulls would, however, be out of the woods as of today only if
they can pull the Nifty beyond major supply zone between 6000 and 6020. Thus,
all rallies should better be considered
as a pullback attempt within the downtrend.More about intraday tips on google +
RESISTANCE:5960, 5980,6000
SUPPORT: 5940,
5920,5900
Reliance has lined up Rs 1.5 lakh cr capex to be spent in its various business verticals in the next three years, of which 85 % would be in oil, gas and petchem businesses, RIL in the firm's 39th annual general meeting. The company has submitted a development plan for KG-D6 R-Series and is targeting development of over 4 trillion cubic feet of recoverable resources.
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European stocks turned broadly lower, despite the release of positive German data, as markets were jittery ahead of a highly anticipated U.S. employment report due later in the day.
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