It was a good day of trade on Dalal Street as the Nifty managed to cross its resistance of 5400 and give a closing above it, for the first time since March 16. Banks, IT, cements and power stocks saw strong buying interest. Sensex shut shop at 17885, up 194 points and Nifty at 5421, up 54 points from the previous close. CNX Midcap index was up 0.3% and BSE Smallcap index was up 0.5%. The market breadth was positive with advances at 798 against declines of 634 on the NSE. Top Nifty gainers were Sterlite Industries, DLF and Sesa Goa while losers included Bharti Airtel, Cairn India and PNB

Nifty Trend For Tomorrow

Nifty is looking quite positive for tomorrow's session. Having a resistance at 5480 and a support at 5350 level nifty is looking positive for tomorrow's trading. Nifty Trend for tomorrow is up.

Nifty Tips For Tomorrow

Sell NTPC with a target of Rs 170 level.
Buy HUL on dips to get the target of 520.
Buy KPIT Cummins on dips to get 138 level.

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