Nifty Trend for Tomorrow:
The Nifty opened the day with a mild uptick but was under pressure since the start of the day’s trading and at one point moved below 7000 once again. Demand coming in the second half of the day’s trading though made sure that the closing was higher above 7100 and the same also led to a close with a healthy candlestick despite the day’s volatility. The broader markets underperformed the benchmarks with BSE Midcap and Small cap indices ending higher by 0.5% and 0.2% each. The S&P BSE Sensex ended 190 points up at 23,382 and the Nifty50 finished 60 points higher at 7,108.
Nifty has traded with a positive bias in last hour of trading today hopefully we are bullish on Nifty for tomorrow’s trading. For Tomorrow’s Nifty trading resistance is at 7160 and 7210 while support is looking at 6950 and 6900. Our experts suggest to buy Nifty on lower levels.
Stock Tips Tomorrow
- Buy CHENNPETRO above 182, Target is at 184, 186 and 188, Stop loss at 178 level
- Buy ONMOBILE above 107.50, Target 108.50, 109.50 and 110.50, Stop loss at 105.50
- Sell SUVEN below 150, Target 148.50, 147 and 145.50, Stop loss at 153 level.