No surprise that Nifty moved down from its resistance which I had mentioned in my weekly view on Nifty. New resistance in Nifty is at 8430.
I expect Nifty to move to further down in mostly choppy trades. We have support near 8270.
Major results today- Tech Mahindra, Tata Motors, Bhel, Hindpetro, Bank India, Dish Tv
Picks for the day:
Buy on dip: DABUR, ONGC
Sell on Rise: ULTRACEMCO, SAIL, ITC
I expect Nifty to move to further down in mostly choppy trades. We have support near 8270.
Major results today- Tech Mahindra, Tata Motors, Bhel, Hindpetro, Bank India, Dish Tv
Picks for the day:
Buy on dip: DABUR, ONGC
Sell on Rise: ULTRACEMCO, SAIL, ITC
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