On global cues market to open on the higher side with positive bias for the day, nifty closing above 4790 continuously for the last three trading sessions indicates further upside from the current level and can test 5150 in the coming days.
Any intraday corrections are a buying opportunity for the traders as long as nifty trades above 4750 to need to panic.
Nifty to trade in the range 4780-4840, either side break to give a new direction to the market for the day.
Buying opportunity is seen in Reality, Media and Power sector stocks for the day, Buy NDTV, DISH TV ZEE TELE, RAJ TV, IBREAL, and UNITECH , POWER GRID for short-term gains.
Technically nifty to have support at 4780/4740/4720 and resistance at 4830/4850/4890 for the day.
Have a nice trading day.
BSE, NSE Stock Ticker, India
Wednesday, September 9, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment