Yesterday: As predicted market opened with negative trend and gradually started to see some short covering rally and ended flat.
Today: Indian Stock Market will see some more short covering rally as F&O expiry date is approaching. But don’t expect much upside trend, so profit booking should be done at every up move till this expiry.
BSE Sensex: (8843): The support for the Sensex is 8600 and the resistance to the up move is at 9000.
NSE Nifty: (2736) the support for the Nifty is at 2680 and the resistance to the up move is at 2800.
Today’s Picks:
Buy Lnt 628 with intraday
Buy ICICI @ 338 intraday
Buy RIL @ 1263 for intraday
Buy Relcapital @ 376 for intraday
Profit booked through our yesterday picks:
As we suggested buying
- Reliance at Rs 1210 and it must have given profit of 40 Rs on one share.
- SBI at 996 and it reached the same level it must have given a profit of Rs 30 per share
- Cairn India at Rs 149 and it must have given profit of Rs 7-8 per share.
- ICICI Bank at Rs 315 and it must have given profit of Rs 7 per share.
So Stay connected and Keep visiting EquityPandit.com to book handsome profits in Stock Market
[...] The Finance Bee wrote an interesting post today onHere’s a quick excerptYesterday: As predicted market opened with negative trend and gradually started to see some short covering rally and ended flat. Today: Indian Stock Market will see some more short covering rally as F&O expiry date is approaching. But don’t expect much upside trend, so profit booking should be done at every up move till this expiry. BSE […] [...]