After consistent fall for last 4 trading sessions, shall we see a halt in slide? Well, the global markets are trading with positive bias. Nifty and Bank Nifty are trading near their support.
We can see Nifty taking support. The broad support area is 8413-8270. Intraday support is at 8370.
Traders need to take care of their short positions.
IT stocks may still be under pressure. On long side Pharma looks better.
Picks for the day:
Long: LUPIN, HEXAWARE, ADANIENT
Short: CESC
Keep watching this space: Shortly Launching All new Advisory Services. In simple implementable format.
We can see Nifty taking support. The broad support area is 8413-8270. Intraday support is at 8370.
Traders need to take care of their short positions.
IT stocks may still be under pressure. On long side Pharma looks better.
Picks for the day:
Long: LUPIN, HEXAWARE, ADANIENT
Short: CESC
Keep watching this space: Shortly Launching All new Advisory Services. In simple implementable format.
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