SELL
IDFC FUTURE BELOW 133 TG 129, 127 SL 135.90
BUY
NIFTY FUTURE ABOVE 5270 TG 5300, 5330 ,5360 SL 5240
BUY
RANBAXY 580 CALL @9 TG 19, 29 SL 4
NIFTY OUTLOOK FOR TOMORROW
The market slipped into the red after positive start. The
market trimmed losses after hitting fresh intraday low 5247 in morning trade. Volatility continued as key
benchmark indices weakened once again after trimming most of the intraday
losses in early afternoon trade. Weakness continued on the bourses in late trade....
The level 5200 would
prove to be support for Monday. Trend
and momentum both weak ,news from US may add to bearish sentiment. Most
possibly nifty may hit 5200 on MONDAY, if it happens then nifty would slip
below the level even to touch 5170.
RESISTANCE: 5280, 5300, 5320
SUPPORT :5230, 5200, 5160
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