Buy SSLT 240 Put
@ 8 Tgt 12.90/16.50 Sl 4.50
Buy Sail Future
above 80.50 Tgt 81.50/82.50 Sl 78.80
The market witnessed
a consolidation and ended lower. The benchmarks pared gains after a
positive start and are trading in a range. The Sensex was down 68 points or at
27940 and the Nifty slipped 25 points at 8357. Today nifty opened at
8405 made a high of 8408 and low of 8320 total 88 points was moved by nifty
throughout the day. It seems like; the
market is taking a breather after
hitting record high in previous session. We have moved up from 8320-8330 which
is a strong support level but that pullback has not been very inspiring. For
tomorrow we 8365-9385 will act as a higher resistance level while 8300 will act
as supporting levels for nifty.
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RESISTANCE:
8350, 8400, 8450
SUPPORT:
8285, 8235, 8185
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