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The Nifty future shut shop at 5020.35 gaining 64.55 points or 1.30 percent. Nifty future decreased 1080400 shares in open interest, and came to a premium of 1.95 from 1.70 whereas cost of carry is 28.21 vs.39.94 down 29.37% on the options front the OI PCR is 1.30 vs.1.62, whereas the Volume PCR is 1.27 vs. 1.18 on the Volatility Front the Indian Volatility Index has ended at 21.68 % vs 22.68% gaining –4.41%

Here are some free suggestion for today-

TATA MOTORS-
The stock shows consolidated movement and ended on positive note. It now has resistance level at 221 and support level at 216, the stock can exhibit bullish trend on chart above resistance level. One can go for buying in the stock above resistance level.

ITC
ITC had volatile trading session today and it closed with negative biasness with moderate loss. The stock may face resistance from the level of 206 and it has support level at 200. As stock is in upward trend one may go for long position after crossing of resistance.

TATA CONSULTANCY SERVICES (TCS)-
The stock surged to lower level with the morning bell then consolidate in today’s trading session. The stock now faces resistance at 1089 and support at 1065. The stock can continue its bearish trend below support level in near future. One should avoid taking any position in the stock and should wait for
consolidation of either side.


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