- FII data: bought in cash, bought in index futures, but sold in stocks futures.
- F&O data: Nifty futures shed open index.
- Option writings: 5100 puts added.
- US markets: Dow crossed 10K.
- Global cues are positive.
- SGX nifty is positive.
Current Spot: 5118.20
Supports: 5072 - 5027
Resistance: 5146 - 5173
Buy Nifty above 5130 - 5145 - 5159 - 5173 SL - 5105
Sell Nifty below 5086 - 5072 - 5049 - 5026 SL - 5102
Stock Ideas for the Day
Reliance: Buy above 2202 for targets of 2212 and 2222 SL of 2189
IVRCL: Buy above 415 for targets of 422 and 429 SL of 408
JP Associates: Buy above 249 for targets of 253 and 257 SL of 244.5
Opto Circuit: Buy above 208.3 for targets of 211 and 217 SL of 204.4
Positional Call: (7-15 days)
SKF above 272 SL 268 target 315
Dabur above 147 SL 144 target 155
Msk project above 104 SL 101 target 115
Ador Welding Ltd above 164 SL 160 target 200
Use strict STOP LOSS in each and every trade in this kind of volatile market and Trade at your own risk.
Thanks and Regards
S&P Wealth Creators
Call 09831497250 or mail us @ S&P Wealth Creators with your Name and Mobile No. for subscription offer of intraday calls during Market hours.
The calls given here are My Personal views, trading or investing in stocks is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. S&P Wealth Creators will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert’s stock analysis or opinion.