The market has started week in the negative terrain,Nifty slips below 5800 from its crucial support level.Nifty slips 32.15 points or 5801.05buy nifty fut stoploss 5790 target 5836/5860/5875 while sensex touched a low 78.20 points or 19649.07.Rupee opened with a gained of 48 paise at 62.99 per dollar.
ACC, Ambuja cement, bank of baroda, Coal india, Hdfc, Hindalco,IDFC are the losers of today trade and the Bpcl, Bajaj auto, Cairn india, Cipla, HCL tech, Infosys, Lupin, Ranbaxy are the top gainers in nifty.
The bank nifty has given us a bearish note, broken down all financials,all banks given us the same outputs,we hope we don’t get it for the bank nifty and nifty both and during the day.
The gold prohibit: India’s temples guard their gold from Govt.. The RBI wanted to take possession of the gold and may be sell it for dollars.
Buy sell ideas for today-
Aurobindo Pharma Ltd is a ‘BUY’ call with a target 221 and a stop loss 195.
Sell Tata Steel Ltd target 275/278 stoploss 292.
Sell Yes Bank Ltd target 280/285 stop loss 310.