|Buy Dish TV @ 70.45, Stop-Loss 69, Target 75
|Buy RPOWER @ 80.95, Stop-Loss 79, Target 85|
- Buy Nifty above 6140 with stop-loss of 6109 for the target of 6200
- Sell Nifty Below 6098 with stop-loss of 6121 for the target of 6055
# all spot levels
Nifty opened flat but witnessed some more profit booking during the day. It made a low of 6102 and ended at 6114 with a loss of 0.70%. The Advance Decline ratio was almost 1:2.
Nifty has corrected almost 50% of its recent rally from 5970 to 6229. But we maintain bullish view on Nifty with our short term target of 6465. Thus this correction is a good buying opportunity. On the downside, it has strong support at 5970 and below that 5790 for short term.
|Prev. Day Open||6152|
|Prev. Day High||6180|
|Prev. Day Low||6102|
|Prev. Day Close||6114|
20 May from to 24 May
22 May from 2.30pm to 3.30pm