Nifty mades lows of 7265 on profit booking, but recovered from lows and closed at 7318. FII Sold INR 202.61 crs and DII Sold INR 95.63 crs.
Shorterm Trend
Nifty is good as long as it is above 7000 and shorts can be take only below this level if Nifty trades for few days on the other side if Nifty reaches 7100 and takes support it is a good level to enter for 7300 with SL of 6950. My Target for next six months is 7800 to 8000 if we see some good decisions by new government. We have seen small pullback in IT and Pharma, but wont expect them to sustain at these levels and I feel they could go down down further.
Intraday Levels
Nifty can be bought for upside above 7335 for 7350 and 7365 and short below 7280 for 7265 and 7250.
Top pics for the day are Auro Pharma, Bharat Forge, TechM, Polaris,JindalSteel, Havells, Gail, SunPharma, BEML, and BHEL for Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
Shorterm Trend
Nifty is good as long as it is above 7000 and shorts can be take only below this level if Nifty trades for few days on the other side if Nifty reaches 7100 and takes support it is a good level to enter for 7300 with SL of 6950. My Target for next six months is 7800 to 8000 if we see some good decisions by new government. We have seen small pullback in IT and Pharma, but wont expect them to sustain at these levels and I feel they could go down down further.
Intraday Levels
Nifty can be bought for upside above 7335 for 7350 and 7365 and short below 7280 for 7265 and 7250.
Top pics for the day are Auro Pharma, Bharat Forge, TechM, Polaris,JindalSteel, Havells, Gail, SunPharma, BEML, and BHEL for Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
No comments:
Post a Comment