Market crashed yesterday and today there might be slight short covering coming up and nifty will face hurdle at 4640 first and further buying will come only if nifty breaks 4640 and then might move towards 4700 big resistance.Higher levels will exert pressure again for sure.Nifty below 4600 will go to 4530 support for today and if broken, more panic on cards.Fuel hike spoiled the market sentiments yesterday and now because of this price hike inflation is expected to shhot up again still higher and bad for the market again.But, in whatever situation watch out big support at 4440 and if held, we have big upmove coming which will take nifty towards 5000 again and then 5300.This fall is also bringing in lots of value based stock picks like,Reliance, SBI, RCOM.....list goes on...which are at attractive prices now.
Stock watch for the day:
Todays call only for clients
Stock watch for the day:
Todays call only for clients
No comments:
Post a Comment