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As mentioned earlier, Do NOT Invest heavily at this point as market still lacks definite direction. Nifty need to close above 6040 for resuming uptrend.
This is the time where Technical Analysis won't work at optimum level. A small negative/ positive news can change the market direction & volatility will be at max level.
Delivery
Buy GUJNRECOKE CMP 60.6; 1 Wk Trgt 63.9 SL 59.2;
Buy NESTLEIND CMP 3745.7; 3 Wk Trgt 3935 SL 3685.6;
iNTRAdAY
Sell JAYSREETEA Below 161 IntraDay Target 152, 146 SL 164.8
Sell BANKINDIA Below 462 IntraDay Target 452, 446 SL 467.9
Buy NESTLEIND Above 3720.9 IntraDay Target 3789.7, 3837.8 SL 3672.8
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