Buy
LT 820 call @ 22 tg 29,41 sl 11
Sell
Unitech future below 17 tg 15.90,14.50 sl 18.20
NIFTY OUTLOOK FOR TOMORROW
Index had a
great start after a long weekend , gap
up opening of nifty at 5738 . The
forward march continued throughout the day even nifty manage to cross 5900 for
a moment today. We are not too certain if it would sustain above the 5900
unless the major resistance between 5840
and 5890. Thus, there is every chance of a corrective swing taking hold of the
market after the initial euphoria....
We need to be vigilant
about the range between 5710 through
5750 on the upside while on the downside after opening at higher levels
initially the level of 5680 will give support Our view is that we might see a higher high today but we would see the Nifty settling for a lower close in all likelihood.
RESISTANCE:5730, 5790,5850
SUPPORT: 5740, 5680,5650
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