Sunday, 7 April 2013

At 10:31 am the NSE bluechip stock index Nifty traded at 5557.35. The index is trading near its crucial psychological levels of 5550. The Indian stock market tracking mixed global cues.

FMCG and IT stock down, Reliance infra, Ambuja Cement, CIPLA, TATA MOTORS and BHARTI AIRTEL moved up on nifty Index. RABAXY, JINDAL STEEL, ITC, TCS and HCL TECH declined.

Nifty April future derivatives traded at 5572.40 with 0.01% gain. Option call 5500.00 derivative traded at 120.00.

Stock Future for trading on Monday
Sell Reliance industries future April target 783/780/777 stop loss 795.
Buy DLF future April target 237/238/239 stop loss 232.
Sell Coal India future April target 309/307/305 stop loss 314.
Buy Bajaj Auto target 1730/1739/1748 stop loss 1700.
Sell idea cellular future April target 102/100/98 stop loss 110.

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