Benchmark indices were trading marginally higher as investors take a breather after Budget which helped markets gain nearly 2% in yesterday’s session. The Street also awaits RBI policy due next week. Meanwhile, cautious sentiment ahead of European Central Bank and Bank of England policy meet capped the gains. Sensex was trading negative during the early morning trade but later pared losses to rise as much as 158 points. Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points. The 30-share BSE index rose 84.97 points to 28226.61; and the 50-share NSE Nifty gained 17.85 points at 8734.25 after hitting a four-month high of 8757.60.
RESISTANCE: 8765 , 8798
SUPPORT: 8694 ,8654
APPROACH: BUY ON DIPSS
BUY UJJIVAN ABOVE 430 TARGETS 434.2 , 438.4 , 442.6 STOPLOSS 421.6
BUY DWARIKESH ABOVE 439.5 TARGETS 443.7 , 447.9 , 452.1 STOPLOSS 431.1
BUY MANAPPURAM ABOVE 89 TARGETS 89.8 , 90.6 , 91.4 STOPLOSS 87.4