Free Intraday Tips : 28th April (Friday)

The liquidity driven rally has taken benchmark indices to record highs, along with nearly 100 stocks on the BSE, but will the rally hold? This is one question which everybody is asking right now. The S&P BSE Sensex surpassed its previous lifetime high of 30,024.75 recorded on March 4, 2015, to hit 30,184.22 on Thursday while the Nifty50 hit a fresh record high of 9,367 on Wednesday. The benchmark indices are trading in uncharted territories and given the fact we are not completely decoupled from the rest of the world, chances of a correction is higher in the short term, although the bull market argument still remains intact, suggest experts. After rallying nearly 1.5% since the start of the week, the markets are consolidating in trade on Thursday. Buoyed by liquidity, developments at the global levels and better-than-expected March quarter results of companies, the Nifty50 and the S&P BSE Sensex have scaled new highs.

Nifty Market Trend for Tomorrow

free intraday tips

TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 9365 , 9390
SUPPORT: 9310, 9300
APPROACH: SELL ON HIGH

Free Intraday Tips : 28th April (Friday)

BUY SURYAROSNI ABOVE 263 TARGETS 266, 269, 272 STOPLOSS 260
BUY SASKEN ABOVE 463.50 TARGETS 468.50, 473.50, 478.50 STOPLOSS 458.50
BUY HEG ABOVE 327 TARGETS 331, 335, 339 STOPLOSS 323