Market to open flattish with negative bias for the day. Looks profit booking is on the card. Traders are advised to be cautious in the large caps stocks, but activities in the mid cap still exist.
Activity can be seen in the shipping metal stocks.
Nifty to trade between 3300 – 3500 range, break below 3300 can bring nifty down to 3190 levels.
Technically nifty can take support at 3350/3320/3300 and resistance at 3390/3410/3420 levels for the day.
BSE, NSE Stock Ticker, India
Tuesday, April 14, 2009
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