As per our view market seems to little bearish only. Exactly closed our support level of 5968. Please don't go any long position now. We are looking now down side target of 5850-5860. weekend day market looking for two major announcement 1)Infosys result 2) NOV month IIP data. So be careful. If infosys result comes out negatively then we may see nifty below 5900. Infosys result seems to be come below expectation.
Banks are getting consolidation now because it eagerly looking for RBI credit policy. if banks will give support then nifty may bounce from here. Let us see what will happen...FII's still stay as a buyers but they are also now looking for pull out their profits. Today may be a trend desiring day. please watch at the end of day fii's status.As per OI nifty seems to be flat.
ACC : Sell below 1376 sl of 1385 target
will be 1363, 1347
PNB : Sell below 884 sl of 890 target
will be 875,864
THANKS & REGARDS
NSEBSENOW
Banks are getting consolidation now because it eagerly looking for RBI credit policy. if banks will give support then nifty may bounce from here. Let us see what will happen...FII's still stay as a buyers but they are also now looking for pull out their profits. Today may be a trend desiring day. please watch at the end of day fii's status.As per OI nifty seems to be flat.
ACC : Sell below 1376 sl of 1385 target
will be 1363, 1347
PNB : Sell below 884 sl of 890 target
will be 875,864
PORTFOLIO ALERT
No calls now... keep hold all stocksTHANKS & REGARDS
NSEBSENOW
