Indian stock market opened in green positive note.nifty stock trading up side shares of nifty looking in green color with higher points. IT and bank nifty help the nifty to brakout to its current range.
Buy NTPC above 133 target 134/135/136 stoploss 130
Buy tata steel above 383.20 target 385/387/389 stoploss 380
In a nifty it will be undeperforming axis bank, yes bank, Bhel, Coal india,HDFC, jindal steel, NTPC, sesa sterlite.Nifty may rally towards 6380-6415 levels and on the flipside support will be 6265-6230 levels.
Sensex opened in positive note led by gains IT, capital goods, Metal, and auto sector.Tata steel are the top gainer in sensex up 2.05%, following bank 1.23%, Bhel 1.32%, Hdffc 1.24%.
The indian rupee opened lower by 10 paise at 61.64 per dollar.