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Nifty is trading on 5257. Technically the short term indicators are in sell mode and nifty can slide down to around 5210 zones in the days to come. Strong resistance exists at 5400 the market unfolded yet again as expected and came closer to 5200. Technically nothing has changed and slide to 5210-5170-5080 is still on cards and stiff resistance around 5300.

The crucial support for the Nifty is at 5210-5170 and the target beyond 5300.


Free Trading Suggestion For Today-

Buy Man Industries above 111, Target: 113-116, Stoploss: 106.

Buy ONGC at CMP of 273, Target: 275.50-278, Stoploss: 269.

Sell BHEL below 260, Target: 257-254, Stoploss: 265.


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