Nifty again slided in the last hour and closed near to one more support at 4840 and for today buying might come from lower level and one must be cautious at lower levels.Now that only 2 day's left for expiry.So, there may be lots of volatility in the market and again closing of today is very important and also closing of tomorrow.For today, nifty above 4885, wil test 4930 and if breaks this level allround buying may come or else this level will exert pressure again and on downside, 4840 wil act as suport for today and if breaks this level, then 4800-4790 will be very strong supports to watch out for.
Stock watch for the day:
ITC (209): Buy this at lower levels with stop 204 for target 214-217 and if sldies below 204, it is not a buy
Stock watch for the day:
ITC (209): Buy this at lower levels with stop 204 for target 214-217 and if sldies below 204, it is not a buy
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