Global cues are positive and there is no big news which have direct impact on the market..
From indian prospective good news is that Nifty May future is in premium and 1.6lakhs shares are added in June contract.
Put call ratio is around 1.35 level.
Market will be in a range.
Today's view:
If Nifty holds 5200 then one can go for long from that level with SL of 5170.
One can go for short if Nifty break the level of 5165.
Sectors to be watch:
BUY: Auto & Construction
SHORT: Cement @5165
Stocks :
GMR Infra, LT, Sobha developers...Rel Industries
Have a nice Trading Day...
-Mr. Sam
No comments:
Post a Comment