Nifty hit record high on intraday basis as well as on closing basis and I am tired of saying the same. It is 10th consecutive upside close. The bulls are calling the shots on the bourses. Indian stocks extended their recent strong gains yesterday supported by US,Euro and Asian markets, FII Bought INR 594.67 crs and DII Sold INR 471.78 crs.
Shorterm Term
We are heading higher and there seems to be no real pressure on market to go lower. Some or other sector is taking leadership when ever we see weakness in the market and there seems to be no stopping. and I am repeating Nifty is weak only below 6570 for 6500 and 6420 and on the higher side 6900 is very much possible.
Intraday Levels
As indicated by cues we may see positive opening Nifty trades above 6745 we could see 6755 and 6770 and below 6720 we could see 6705 and 6695.
Top pics for the day are RECLTD, RelInfra, OrientBank, Torent Pharma,SKSMicro, ITC and Asian Paints for Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
No comments:
Post a Comment