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Nifty is now 5184. According to our technical report the market is weak but may see an upside to 5350 zones if this pause continues, but if 5210 breaches then a slide to 5170 is possible in this F&O expiry week well 5210 breached and the market skidded down to 5175 our logical target closer to 5170. Technically the market is still weak and a slide down to 5080 is a possibility but volatility is not ruled out as we are in an F&O expiry week with 5250 being a strong resistance zone to deal with.

The crucial support for the Nifty is at 5170-5080 and the target beyond 5250.


Free Nifty Tips For Today

Buy Jyothy Laboratories above 166.30, Target: 169-171.40, Stoploss: 163.

Buy Maruti Suzuki above 1300, Target: 1312-1326, Stoploss: 1282.

Sell DLF below 188.60, Target: 186-185.40, Stoploss: 191.


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