marketplace are shopping for mode in continue
keep Nifty 9800 – very sturdy
bank Nifty – Above 24000 - next huge flow.
Market Out look : market are continue in upward mode and shifting retain closer to ten thousand mark in coming days. aside from the Index listen character shares and plenty of stocks are brief masking due to FIIs.
Nifty Spot : don't forget support 9800-9810 and resistance 9920 crossover towards 9950-10000 mark.
Nifty future : first rate aid 9850-9810 resistance 9910 above principal up side in all likelihood.
bank Nifty destiny : trend could be very bullish and closed in particular time excessive with respectable brought open interest imply greater up side in coming days. Time to shop for above 24000 for goal 24200-24400-24500 in coming days as quite a few Pvt. area Banks are coming out consequences.
PSU financial institution INDEX : As we written on this column that over bought and any short ought to be keep away from. bear in mind resistance 3520-3530 and sustained above broad based shopping for in PSU financial institution stocks. Friday smart shopping for visible in SBI, PNB, bank of Baroda, Orient bank, Canara financial institution and Indian financial institution.
lengthy side : DCB BASNK, KOTAK financial institution, CAN financial institution, CHENI PETRO, RELIANCE,
quick side : TCS , BPCL, ONGC, IOC, PETRONET.
WEEKLY OI GAINERS :
lengthy aspect : Kotak financial institution, OBC, HUL, p.c BIOCON
brief masking : Ashok Leyland, PNB, solar Pharma, concept
short side : Ajanta Pharma, Colgate and LIC Housing.
highest name ---Infosys 1000, TCS 2500 LT 1200 and HPCL 380
highest placed – TCS 2400, sure financial institution 1500, HPCL 360 Reliance 1520
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