World Market Status
World markets are in volatile situation, even though it is moving in the range of safe points, so any time expect some up move, This volatile situation will give some nervous in our market, so better to buy at low and book 50% profit in higher side, and now for nifty spot 4900 acts as s/l for your all longs, and 5111 acts as resistance, so if nifty breaks any point on closing basis, it will move on that direction, so make your trading decision regarding the above points
Nifty Spot
Today if Nifty breaks 5003 or not breaks down 5002 will help to move up further, and 5041 to 5045, and 5067 is the resistance points for nifty spot, if it cross 5067 then good up side may be possible as in Nifty today levels, same as if nifty breaks down 5002 it will move down, and following points will give some supports ( 4980, 4963, 4950 ), to nifty spot, general view of nifty is 5111 above up trend, below 4900 down trend, until volatile between this points,
Nifty Spot Today Levels
Nifty Spot above 5003 Target 5040 to 5043, 5061 to 5067, 5128, 5134, 5140, 5250
Nifty Spot below 5002 Target 4985, 4979, 4954 to 4953, 4935, 4900, 4888 to 4886, 4873
Hot Script
Tata Power
If market supports then this script will move up well, so buy around 1312 to 1308 range s/l 1305, target 1328, 1332, only above 1332 it will move to 1352, above 1352 it will move to 1368, 1398, In opening phase if it breaks both side points, don't urge, wait, and get clear direction of the movement, and then make your trading decision.
Tata Power Chart
Yesterday recommended script Crompton did hit s/l, even though it may has good chance to move up soon, so if u had bought, now 318 and 305 is the good support, so wait with s/l of 297 and add on extra in this range , if you booked lose then buy again around 318, 305 with s/l of 297