Indian markets settled marginally higher ahead of commentary about monetary policy from the US Federal Reserve later in the global day.FII Bought INR 1069.74 crs and DII Sold INR 610.96 crs
Shorterm Term
Outcome of fed minutes was not very encouraging as it has decided to furthur reduce bond buying by 10 Billion $.Nifty is weak below 6480 for very short term and 6350 for shorter tem are important levels to watch for.
Intraday Levels
As indicated by cues we may see negative opening opening and can trade for long above 6517 if trades for some time for 6535 and 6550 and lower side below 6480 for 10 minutes we could see 6465 and 6450.
Top pics for the day are BataIndia, AxisBank, Asian Paints, CentText, Biocon, TCS and Petronet for Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
No comments:
Post a Comment