So, market behaved exactly as told here yesterday by opening low and buying coming at exact supports given and today also index might continue moving up and will face pressure at higher ends for sure.If market dips then support range is same as given yesterday-4620-4635.One can buy around these supports and only if these supports are broken then only one can expect total panic in the market and otehrwise one can buy around these supports.crude oil has also reduced from $135 a barrel now but fuel price hike announcements may bring in some kind of pressure again.If nifty breaks 4740 ressitance, then it will directly test 4790-4800 strongest resistance for today.
Stock watch for the day:
SBI (1388): Watch this stock at higher ends and if doesnt cross 1430, just short it for target 1350
Stock watch for the day:
SBI (1388): Watch this stock at higher ends and if doesnt cross 1430, just short it for target 1350
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