Today market opened very weak between choppy trade Tuesday.Nifty and sensex both start in cautious note.Nifty closed on Monday at 5840.55 today nifty touched low 5824.20 or 15.02 or 0.26%. Nifty will go intraday high 5846.40 and intarady low 5804.90.Sensex touched low today with 33.98 points sensex opened 19708.49 or 0.17%.
Today rupee opened weak by 54 paise at 63.37/USD the rupee is expected to continue in the range of 63 or 63/USD the intraday rang is seen between 62.20-62.80/USD.
Buy Lupin with a target price 865 and keep a stoploss at 830
Buy Pidilite Industries with a target price 248 and keep a stoploss at 240
Buy Tech Mahindra with a target price 1325 and keep a stoploss at 1240
sell Canara Bank with a target price 213/214/215 and keep a stoploss at 225
Best nifty resistance and support level-
Intraday resistance of nifty are 5908: 5934: 6007
Intarady support of nifty are 5753: 5680.3: 5710.7