Today market opens on a warmish note, Nifty and sensex both opened with positive.Nifty adds 21.45 points or 0.37% or 5872.15 while sensex is up 81.98 points or 0.41% or 19809.72.
In Banking sector bank nifty is putting pressure on the market as the rupee losses strength.The nifty has been touch the higher top and higher bottoms of late.It has also take support at downward sloping trend line on the basis of daily chart of nifty.
Nifty close on a bear note at 5850 level, 1st resistance level for today 5901 and the next resistance level would be 5920.
if the market is going to down side then the 1st support level would be 5813 and next support level should be 5659.
Buy sell Ideas from expert for today-
LUPIN ‘BUY’ target 895 and a stop loss 850
Tata motors ‘BUY’ target 350 and a stop loss 325
ITC ltd ‘BUY’ target 345 and a stop loss 333.50