Nifty: Resistance 52620/5325/5400/5485
Supports 5190/5145/5040
Today is expiry of this month, short covering may be seen, taking market to some upmove. Asian Markets are trading flat.
Fed has Cut interest rates buy another 50 bps. Avoid IT & Export sector at all.
5400 level in Nifty is greatest hurdle, above it 5600-5800 is possible, but if not crossed than try to exit your all longs around 5350 levels.
Stocks to trade:
Unitech
Ispat
RNRL
LT
ABB
BHEL
Avoid early spike entry, wait for 10 minutes before placing any order, Use proper SL & Book at regular interval.
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