Nifty had lowest closing in week ahead of elections as investor or cautious and booking profit. We have seen weakness in some of the major stock. FII Bought INR 717.39 crs and DII Sold INR 716.57 crs.
Shorterm Term
Told you on 4th, that we have had small correction and see trend change till we see another 70 points correction and i see change of minor trend at 6650, if this beaks we may see 6570 and longs can be taken only above 6710 for 6770. India VIX is at high 22 which is ridiculous. But this trend is confirmed only if we see Nifty closing below 6560 and Nifty can be longed above 6770 for 6900.
Intraday Levels
As indicated by cues we may see flat to negative opening in Nifty and Nifty can be traded above 6715 we could see 6730 and 6745 and below 6680 we could see 6665 and 6660.
Top pics for the day are Hindpetro,AdaniEnt, CentText,Yesbank, RelInfra, IOC, Dabur and Gail for Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
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