NIFTY:Resistance 5150/5180/5210/5250
Supports 5065/5050/5020
View: Nifty now enters first resistance zone of 5120-5150. On sustaining this level Nifty may target 5300 levels. Nifty now forming "W" formation, so if nothing wents wrong nifty may complete its up side target 5300 at the moment. Nifty looking bullish but Inflation Data is concern.
Buy:
ICICI Bk : Buy Abv 925.5 SL 914 TGT 933-940+
BPCL: Buy Abv 339 Sl 335 TGT 345-349
(Targets are indicative not suggestive. Please book regular profits.)
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