Yesterday Nifty as expected opened with a gap down and has crossed all the support levels and has moved down towards 5700 which is next support area. It had a move till 5718 and bounced back.
With the better than expected positive data from CAD we are expected to move up today and next key is 5800, if the market was able to move above this it is positive and can be expected back to 5900 levels, if it breaks below 5700 it can reach next target which is 5600 and to 5500 levels.
Stocks for the Day
TataSteel
Relcap
JindalSteel
Axis Bank
SBIN
AuroPharma
With the better than expected positive data from CAD we are expected to move up today and next key is 5800, if the market was able to move above this it is positive and can be expected back to 5900 levels, if it breaks below 5700 it can reach next target which is 5600 and to 5500 levels.
Stocks for the Day
TataSteel
Relcap
JindalSteel
Axis Bank
SBIN
AuroPharma
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