Friday, 29 November 2013

I am away today and outlook is limited for Nov 29th



Nifty closed better than expected at 6090 in this expiry after It made a high of 6113 and low of 6068.

Shortterm Trend
Nifty is bullish again if it closes above 6161 and bearish below 6040 for short term.

Intraday Level
We may open flat as we do not have cues.Nifty can be bought above 6121 for 6135 and 6150 and below 6080 we could go to 6065 and 6050.

Stocks for the day
BHEL, Bharti Airtel, SBIN, LT, Adani Ent and Ambuja Cem

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