Market Outlook
Yesterday after a gap up opening, S&P CNX Nifty recovered smartly led by short covering and finally at the end of day closed near day's high 5200 levels, following the better global cues. In continuation of recovery in domestic as well as global markets our market may open steady and may witness buying interest at every dip. If S&P CNX Nifty sustains above 5230 levels then, it may move up further towards 5250-5280 levels. On downside if Nifty falls below 5180 levels then again selling pressure may be experienced and we may test 5160-5130 levels.
M&M (MAHINDARA & MAHINDARA)
Execution Price Range Stop Loss Target
Buy Between Rs 545 to 555 540 571
ICICIBANK
Execution Price Range Stop Loss Target
Buy Between Rs 915 to 925 905 950
TATAMOTORS
Execution Price Range Stop Loss Target
Buy Between Rs 807 to 817 798 840
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