BUY RANBAXY 520 PUT@8
TG 12,17 SL 3.50
BUY JPASSOCIAT 80 CALL @1.10
TG 2.70,4.20 SL .40
NIFTY
OUTLOOK FOR TOMORROW
Bulls are in action now, as we have
predicted index has not only crossed but also sustained above 5600 today. In
all likely hood we will see nifty making a new high above 5650 in coming
sessions. We need to monitor if the
Nifty manages to stay above 5650 even if it moves to levels higher than.
However, if it really succeeds then the target would be 5680-5700. This would
be a very tough hurdle to overcome at the first instance for this is likely to
act as a strong supply zone.
RESISTANCE:5630, 5650, 5710
RESISTANCE:5630, 5650, 5710
SUPPORT :5580, 5530,
5510