Hello Traders and Investors!!!!
Today morning, The Sensex is rising 45.46 points to 26077.84 and the Nifty climbing 25.45 points to 7906.15. Infosys, TCS and Reliance Industries turned positive, rising marginally. Lupin, ONGC, Wipro, Bajaj Auto, NTPC, Coal India and GAIL gained 1-2 percent.
We expect Nifty to trade between7650-8075 spot. A move above 7950 spot would lead to a bounce back. Breach of 7730 spot would trigger further selling till 7450 spot.
IntradayTips Day Trading :
PNB is oversold at current levels.I will recommend a buy above Rs 150 with the stoploss of Rs 135 for the target of Rs 172
I recommend a sell in ACC (Aug Future) below Rs 1350 with the stoploss of Rs 1390 for the target of Rs 1290.