The Indian key equity averages opens for trade this morning on a mildly positive note. In global market, US markets ended in red with DOW closing 80 odd points lower. Asian markets are trading in green.
In India, BSE SENSEX closed at 18277.34 , up 54.67 points from its previous close, and Nifty is at 5466.10, up 2.95 points. CNX Midcap index is up 0.6% and BSE Smallcap index is up 0.2%. The market breadth is positive with advances at 441 against declines of 216 on the NSE.
Experts advises , to trade safe in the stock market whether you are trading intraday stock or intraday commodity. At this time it advised to follow the policy of wait and watch.
The volatility of market leads the nervousness in the market, which is pulling it down. The another negative factor is the oil and the political situation in the last few days .
But still it is expected that Sensex and the Nifty may remain range-bound this year and volatility with downward bias could continue to rule the the market.The pre-opening session of the market begins with the Nifty and Sensex indicating a flat-to-mildly positive start today.
Todays Nifty Levels:-
Support 5408
Resistance 5517
Todays Sensex Levels:-
Support 18042
Resistance 18402 Top Stock Pics for Today:-
| Stock | Performance | Action | Stop Loss | Last Close | Target |
| Tata power | Bullish | Buy | 1160 | 1236 | 1345 |
| REC | Oversold | Buy | 230 | 243.5 | 270 |
| Aban Offshore | Breakout | Buy | 580 | 606.85 | 680 |
| Sesa Goa | Upmove | Buy | 260 | 271.5 | 292 |
Tata power Bullish Buy 1160 1236 1345
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