Fifty share index Nifty ended at 5943.05
with 0.06% gain, touch high of 5971.00 and low of 5937.55 led by gains in
energy, IT and Realty stocks. DLF,
Ambuja, BPCL, Reliance and HCL tech were top gainers on Nifty index on
Wednesday. Nifty future derivative Feb series closed at 5964.30 with 0.18%
gain.
We have seen strong support level between
5940- 5930 and Resistance above 5953. If Nifty will manage to cross 5953 level
expected to jump higher. I think that market may fall before Union Budget 2013
declaration.
Intraday Future Trading calls:
Buy DLF future Feb target 283/286 stop
loss 276.
Sell BPCL future Feb target 389/384 stop
loss 404.
Sell Cairn India future Feb target
307/306 stop loss 310.
Sell Dena Bank future Feb target 102/101
stop loss 105.
Sell GAIL future Feb target 338.50/338
stop loss 340.
Buy NTPC future Feb target 153.15/154
stop loss 151.
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