There are some factors like news for Oil price, earthquake, and as Japan put its nuclear disaster on level 7,the sentiment is becoming negative for stock market and global markets are melting down. So it is predicted that Nifty will open on a negative note today.
It is suggested to all investors to book the profit in long positions and initiate the short position today also.
Nifty Levels for Today:-
Range : 5,752 - 5,810
Support : 5,696 - 5,640
Resistance : 5,830 - 5,863
Keep an eye on following stocks today:
- Tata Chemicals,
- Polaris,
- Uflex,
- Parsvnath Developers.
Positional Call for Nifty:-
SELL TATA STEEL Below - 622.50 SL - Above 627 TG1 - 617.50 TG2 -614
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