2013/05/28

Market Overview And Technical Outlook

Nifty Spot ::

- Watch important support 6080 important resistance 6100 for the day  

- In intraday trading on 28th May Nifty spot if sustain abve 6084 & breaks 6100 go long for             6115/6128/6146 trgts

- Bears vl take charge only if nifty trades & sustain  blw 6080

- Option players cn bet on 6000 call with 58 s/l  ( be strict on s/l ) 

- Resistance for up move at 6100/6128/6145
- Supports at  6080/6017/5970

- One can try long in Ranbaxy  abve 405 bulls vl drive this counter for 420 trgts keep a s/l of 400