2013/05/20

Market Overview And Technical Outlook


In intraday treading on 20 May. Wait & Watch resistance 6188/6202 and support 6160 IF FACE resistance at high then ONLY use sell at high strategy  OR sell below 6185 with S.L 6202

- Supports at 6160/6115/6105

Technical Stock to Focus for short – midterm - (keep Stop loss for any trade)
 Buy DLF at current level or on a decline up to 242 (CMP 249.65) SL 238 Targets 260 – 268.


 Open Interest of derivative segment increased to Rs 115306.62 Cr vs Rs 113096.76 Cr.
 FIIs net sellers in index futures to the amount of Rs 310.18 Cr and in index options net buyers to the amount of Rs 25.83 Cr.
 Put-Call Ratio at 1.00 vs 0.98. (Bearish).