Nifty opend at 6310 and is trading and is in up slow up move and made a high of 6249.5 and reversed to close at 6339 and Indian stocks edged higher for the third day in a row Some stocks have given very good breakout and FII's were buyers of 280 Crores and DII's were sellers of 90 Crores.
Shorterm Term
Nifty is now in a no trade zone, as I told u before Nifty should close above 6350 for two day for 6416 and above. With fiscal policy round the corner the momentum is defintely towards upside and on the downside trade is only below 6250 for 6190 and 6130. IT and Pharma are leading the market and banks are not participating which has major weightage.
Intraday term
Nifty should is good above 6350 for 6365 and 6380 and on the lower side below 6320 we could see 6305 and 6290. Expect Pharma to do well and it is better to look for these stocks. LT after it results will react and is a must watch stock.
Top picks for the day
My top pics for the day are Century Textiles, Sun Pharma, Bank of India, Dabur, CESC and Raymond. For Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
Pivot levels of Index and key stocks for the day
Shorterm Term
Nifty is now in a no trade zone, as I told u before Nifty should close above 6350 for two day for 6416 and above. With fiscal policy round the corner the momentum is defintely towards upside and on the downside trade is only below 6250 for 6190 and 6130. IT and Pharma are leading the market and banks are not participating which has major weightage.
Intraday term
Nifty should is good above 6350 for 6365 and 6380 and on the lower side below 6320 we could see 6305 and 6290. Expect Pharma to do well and it is better to look for these stocks. LT after it results will react and is a must watch stock.
Top picks for the day
My top pics for the day are Century Textiles, Sun Pharma, Bank of India, Dabur, CESC and Raymond. For Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
Pivot levels of Index and key stocks for the day
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