BSE Sensex: (9326)The first target for the Sensex is 9430. The support level would be 9200 and the resistance to the up move is at 9530-9700

NSE Nifty: (2828) the target for the Nifty is at 2850. The support level would be 2740 and the resistance to the up move is at 2880-2920

Today’s Pick:

– Square off the position in RIL.

– Go short in DLF

Data to watch: Global market, Third quarterly results.

For any queries, thoughts and suggestion use MessageBoard. Your all queries would surely be answered by our Financial Analysts.