Market Outlook
Yesterday S&P CNX Nifty opened flat and moved in a narrow range with volatility due to expiry day. In view of flat to positive global markets, today our market may open flat and move in a range bound manner. On upside if it moves above 4930-4950 levels then only a further up move may be seen in the market whereas on downside if it stays below 4820 levels then selling pressure may get intense in the market. Till the time Nifty doesn't move above 4950 or below 4750 levels, no clear direction can be found in the market. Market will be volatile as today we have Budget Session.
JPASSOCIATE
Execution Price Range Stop Loss Target
Sell Between Rs 130 to 134 136 124
CROMPTONGREAVES
Execution Price Range Stop Loss Target
Buy Between Rs 403 to 413 399
GMRINFRA
Execution Price Range Stop Loss Target
Sell Between Rs 54 to 56 58 49
