Nifty (SPOT): Pivot- 4982
Resistance 5035/5051/5090/5131
Support 4930/4916/4874/4834
View: Nifty bounced back smartly yesterday from lows. As we mentioned before too that 4900-4950 is good support & it bounced from lows of 4923. Still a stiff resistance at 5080 & 5200. Again be cautious as every upmove, till resistance are broken & sustained.
Buy:
ADLABS: Above 662 SL 650 Tgt 674.5
RPOWER: Above 411 Sl 406.5 Tgt 416++
If Carrying yesterday's RCOM 600 Ca, increase your Sl to 558 ( Spot )
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