Nifty (4760): Nifty Crucial Support is at 4690 and resistance at 4810. We see Nifty range 4700-4900 for thing month. Moving average (DMA) and 40 daily exponential moving averages (DEMA) placed at 5032 and 5023 respectively, which are resistances in the near term. The momentum indicator (KST) has given negative crossover and is below the zero line.
Sensex (15935): the crucial support on the Sensex on the downside is 15800-15600 and resistance at 16200.
Stock Watch: More upside is also likely to be seen in LITL Buy above 46.20, In Sugar Stocks more downtrend possible.
Today Trading Tips:
Revathi Equipment Ltd. Buy above 645 Target 665/680
Sensex (15935): the crucial support on the Sensex on the downside is 15800-15600 and resistance at 16200.
Stock Watch: More upside is also likely to be seen in LITL Buy above 46.20, In Sugar Stocks more downtrend possible.
Today Trading Tips:
Revathi Equipment Ltd. Buy above 645 Target 665/680
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