BUY FEDERALBNK 92.5 CALL @ 0.9-1 TGT 1.4/1.8
NIFTY TODAY
NIFTY TODAY
Bulls
were in relaxing mood on Tuesday. After 5 days run bulls were taking breathe.
On expected lines the market did not take any directional call and oscillated
in a defined range . The Sensex was down 134 points at 36444, while Nifty
was down 39 points at 10922 tracking
weakness in Asian peers on concerns about global growth, a day after the
International Monetary Fund cut its global growth forecasts..
NIFTY TOMORROW
It looks like a tale of two
markets, at the index level, it looks like the market is still in a bull market
zone but it does not feel like that on the broad market. We reiterate our bullish
view on markets and suggest keeping “buy on dips” approach in Nifty future till
it holds above 10850. Nifty has already surged yet to a new high now with
daily trends also turning positive. The support for the Wednesday is seen at 10850/10800
while resistance is seen at 10975/11000.NIFTY TOMORROW
More about intraday tips on Google +
Resistance: 10975, 11000
Support: 10850, 10800
No comments:
Post a Comment