Market Outlook
In the continuation of flat global markets, today our market may open steady and move in a range bound manner. If S&P CNX Nifty sustains above 5100 levels with volume support then only further up move may be seen in the market towards 5140- 5160 (which is a crucial medium term resistance for the market) levels. On downside if it falls below 5050 levels then selling pressure may get intense in the market and we may test 5020-5000 levels.
JSWSTEEL
Execution Price Range Stop Loss Target
Sell Between Rs 1070 to 1085 1095 1040
BIOCON
Execution Price Range Stop Loss Target
Buy Between Rs 288 to 292 286 299
ADANI ENTERPRISE
Execution Price Range Stop Loss Target
Buy Between Rs 540 to 550 535 565
