Nifty gave an Intraday Close at 5085.95.Though Nifty was up by 10.25 points at 3.30,the days session was down.Nifty had opened at 5123.35 and closed at 5085.95.
As per me Nifty may be bearish on Monday.I am still firm on my view that in the short term the srtong ressistance levels for Nifty are 5229 and 5323.
Tommorow if Nifty sustains above 5099,then it can touch the levels of 5130 and 5174 before coming down.Or else if Nifty is below 5099,it can try to take support at 5054 and 5023.
Kotak bank:Short sell tommorow if below 474.The Targts is 465 and then 458.
Buy Powergrid:Looks good for 2-3 days.Buy only if above 98.50.Target is 104 in the coming 3 days.
SBI:Looks good above 1931 for 2-3 days.Target for 3 days is 2047
TCS:Short for Tommorow if below 1054 and target is 1000.
Report By Kedar K Murdeshwar
The Analyst with a Difference
As per me Nifty may be bearish on Monday.I am still firm on my view that in the short term the srtong ressistance levels for Nifty are 5229 and 5323.
Tommorow if Nifty sustains above 5099,then it can touch the levels of 5130 and 5174 before coming down.Or else if Nifty is below 5099,it can try to take support at 5054 and 5023.
Kotak bank:Short sell tommorow if below 474.The Targts is 465 and then 458.
Buy Powergrid:Looks good for 2-3 days.Buy only if above 98.50.Target is 104 in the coming 3 days.
SBI:Looks good above 1931 for 2-3 days.Target for 3 days is 2047
TCS:Short for Tommorow if below 1054 and target is 1000.
Report By Kedar K Murdeshwar
The Analyst with a Difference
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