Market Outlook
In the view of negative global markets, today our market may see gap down opening and may witness a minor pullback at lower levels. If S&P CNX Nifty falls below psychological 5000 levels then selling pressure may get intense in the market and we may test 4980-4950 levels. On upside if it sustains above 5050 levels with volume support then only further up move may be seen in the market towards 5080-5100 levels. We would advise to keep the position light and remain cautious in the market at higher levels as global markets are weighing heavy on domestic indices.
TATAMOTORS
Execution Price Range Stop Loss Target
Buy Between Rs 735 to 750 720 788
INFOSYSTCH
Execution Price Range Stop Loss Target
Buy Between Rs 2685 to 2705 2670 2745
ICICIBANK
Execution Price Range Stop Loss Target
Buy Between Rs 835 to 848 823 882
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