Indian
markets are expected to trade in a range with a positive bias on
Monday tracking strong global cues.
"The
Nifty has been forming higher tops and higher bottoms; it has also
closed above the previous swing's high which is a positive sign for the
market. The short-term bias for the index remains positive for a target
of 6770 with reversal at 6470," he added.
Indian
markets are expected to trade in a range on Monday following positive
trend seen in other Asian markets. The key support for the index is
around 6,639 levels.
"The Nifty is expected to trend up till 6740 in the next couple of days. In this period the key support will be at 6639 and resistance will be at 6740.
"The Nifty has been forming higher tops and higher bottoms; it has also closed above the previous swing's high which is a positive sign for the market. The short-term bias for the index remains positive for a target of 6770 with reversal at 6470," he added.
"The Nifty is expected to trend up till 6740 in the next couple of days. In this period the key support will be at 6639 and resistance will be at 6740.
"The Nifty has been forming higher tops and higher bottoms; it has also closed above the previous swing's high which is a positive sign for the market. The short-term bias for the index remains positive for a target of 6770 with reversal at 6470," he added.
"The
Nifty has been forming higher tops and higher bottoms; it has also
closed above the previous swing's high which is a positive sign for the
market. The short-term bias for the index remains positive for a target
of 6770 with reversal at 6470," he added.
- 'BUY' UltraTech Cements Ltd is a 'BUY' call with a target of Rs 2330 and a stop loss of Rs 2080
- 'BUY' Hero MotoCorp LtdBSE 0.15 % is a 'BUY' call with a target of Rs 2397 and a stop loss of Rs 2205
- 'BUY' Karur Vysya BankBSE 2.75 % is a 'BUY' cal with a target of Rs 402 and a stop loss of Rs 347
- 'BUY' Tata Global Beverages Ltd is a 'BUY' call with a target of Rs 159 and a stop loss of Rs 143
- 'BUY' Berger Paints Ltd with a target of Rs 250 and a stop loss of Rs 215
Get
the latest news on live Stock-Share Market Tips, Free Intraday
Trading Stock Tips for Intraday Share Traders in NSE, BSE,Nifty . Two
Days Free Trial on Intraday Trading Calls Fill the Free Trial Form
No comments:
Post a Comment