If you look at friday market, it continued the upward momentum and our Tata Steel, Tata Chemicals, HDFC Bank, M&M all have hit their targets.
Today's Support - 5830 - 5850
Resistance - 5920 - 5950
All dips will give opportunity to BUY. Do not Short in this market, momentum is quite strong.
Today if M&M breaks 960 level on spot, you can see again good momentum.
Todays Stock Pick, BUY Exide @ 140 - 142
Stop Loss - 136 (closing basis)
Target - 144, 146, 150, 160, 180
Duration - 1 to 3 months
Happy Trading :)
Today's Support - 5830 - 5850
Resistance - 5920 - 5950
All dips will give opportunity to BUY. Do not Short in this market, momentum is quite strong.
Today if M&M breaks 960 level on spot, you can see again good momentum.
Todays Stock Pick, BUY Exide @ 140 - 142
Stop Loss - 136 (closing basis)
Target - 144, 146, 150, 160, 180
Duration - 1 to 3 months
Happy Trading :)
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