Monday, April 6, 2015

Market Commentary for 6 April 2015

Markets will re-open after a gap of 4 days. We have important event of RBI policy tomorrow. Global cues are positive. We expect Nifty to trade choppy with positive bias for the day. Resistance is near 8685. Support is near 8550.

Pick of the day- Buy Orient Bank near 210 for target of 215. Maintain stoploss at 207.

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