NIFTY: Supports 5250/5225/5180
Resistance 5300/5350/5377/5390/5415
VIEW: As said yesterday, Nifty is trading in stiff resistance zone, yesterday we witnessed profit booking at higher level. Nifty sustaining and closing above 5320 will lead to 5500 (and Global mkt should support us). Yesterday I highlighted 5350 as stiff resistance & market came back from those level. Still market is hopefull till it sustains 5225 as last hope.
BUY:
ULTRATECH CEMENT: Buy above 902 S/L 890 TGT 912-918+
AKSH OPTIFIBRE: Buy above 56.5 S/L 53.9 TGT 58-59
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