- FII data more buying in cash, index futures, and stocks futures.
- F&O data nifty futures reduced o i means strength not added for blind bull run. options writings shows more put writings and buy back of calls shows bullishness.
- US markets are flat means weakness.
- Global cues are in green but weak.
- SGX nifty positive.
Current Spot: 5054.25
Supports: 4977 - 4900
Resistance: 5099 - 5145
Buy Nifty above 5061 - 5099 - 5122 - 5145 SL - 5030
Sell Nifty below 5000 - 4977 - 4938 - 4899 SL – 5025
Stock Ideas for the Day
Titagarh Steel: Buy above 9 for targets of 9.30 and 10 SL of 8.70
Ackruti City: Buy above 525 for targets of 529 and 535 SL of 519
Reliance: Buy above 2166 for targets of 2190 and 2213 SL – 2153
Aban: Buy above 1630 for targets of 1645 and 1660 SL – 1617
DishTV: Buy above 46.5 for targets of 47 and 48 SL – 45.5
Use strict STOP LOSS in each and every trade in this kind of volatile market and Trade at your own risk.
Thanks and Regards
S&P Wealth Creators
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The calls given here are My Personal views, trading or investing in stocks is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. S&P Wealth Creators will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
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