Today Trend Decider
RBI Policy.
Mrket Out Look :
Market are strong bullish note and intra day
some small correction strong buying force emerged in the market and almost
closed with a days high which indicate market are full control of bulls and do
not want to give any liberty to bear group. At that level, gains and correction and it
should be accepted without any emotions.
Nifty Spot :
Consider support 10100-10110, resistance at 10130, crossover it will move towards
10166-10196-10214 likely.
Nifty Future : Decent support 10100-10080 range, holding above 10150, big
move towards 10250-10300 marks.
Bank Nifty Future :
Up move continue and today trading above 25250 up side towards 25400 25500 can ot be ruled
out.
PSU bank INDEX :
Consider support 3600 and resistance 3750 watch out in coming days.
Long side :
HDFC Ltd – 200 points move without any pause.
Indigo , Bank of India (Short covering), Reliance Capital, Canara Bank, Ashok
Leyland, IRB, Jet Airways.
Short Side : LT , LIC
Housing, India Cement, ICICI Bank and Biocon
OI Spurt :
Marico 966,
Tech Mahindra 4619, Voltas 850, PNB 3816, Lupin 3382, HIndalco 1432, JSW
Steel 1515, SBI 1681, Tata Motor 1312, SRT Finance – 223, PC Jewellers 747.
More
details call
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