Market Outlook
S&P CNX Nifty is trading in a narrow of 5090 to 5160 levels since last couple of days in the absence of any major trigger and lack of buying interest. In view of flat global markets, our market may also open steady and move in a range bound manner. If S&P CNX Nifty sustains above 5150 levels, then only we may see further up move towards 5200-5230 levels, whereas on downside Nifty has support around 5080 levels, if it falls below that level then selling pressure may get intensify and Nifty may move down towards 5000-4980 levels.
JPASSOCIATE
Execution Price Range Stop Loss Target
Buy Between Rs 145 to 149 143 157
HINDUNILVR
Execution Price Range Stop Loss Target
Buy Between Rs 222 to 226 219 235
SBIN (STATE BANK OF INDIA)
Execution Price Range Stop Loss Target
Sell Between Rs 2020 to 2035 2045 1990
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