Nifty: Resistance 4242/4280/4333-4344/4378
Support 4222/4190/4167/4110
It was another excellent day of trade supported by positive global cues.Nifty closed above its 50 DMA of 4230. Yesterday rally was led by realty, power and metal stocks.Technically, now Nifty has scope to once test 4400 zone, till its above 4230.
Expect a +ve opening, but Nifty may face resistance at higher level in later part of day.
Pvt Banking space looks good for mid-term.
One may track & accumulate AREVA T&D , APIL for long term.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment