Yesterday I had mentioned resistance at 8430. Nifty moved down from that level to close near low of the day. Nifty is still trading in the range of 8000-8400. This can continue for some time.
For the day we may see flat to positive opening in Nifty. However Nifty can trade choppy with downward pressure for the day.
Picks for the day:
Long: CENTURYTEX, IDEA, WIPRO
Short: ARVIND, APOLLOTYRE, MINDTREE
Get back to me this blog for any stock related queries.
We are shortly launching Advisory Services. Simple and easy to implement.
For the day we may see flat to positive opening in Nifty. However Nifty can trade choppy with downward pressure for the day.
Picks for the day:
Long: CENTURYTEX, IDEA, WIPRO
Short: ARVIND, APOLLOTYRE, MINDTREE
Get back to me this blog for any stock related queries.
We are shortly launching Advisory Services. Simple and easy to implement.
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