Wednesday, April 8, 2015

Market Commentary for 8 April 2015

Global markets are trading with mixed cues. In Indian markets, yesterday we have seen good recovery from bottom. Nifty still trading near its resistance of, however this resistance has become weak. Intraday resistance near 8725.
Expect Nifty to trade with positive bias today. Second half can make the difference.

Pick of the day- Long- Hexaware, Voltas, Mcleod Russel
                          Short- RECL, IDFC


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