Friday Indian market attracted huge buyingin BANKING, FMCG, REALITY and TELECOM.SENSEX closed at 20045, up 184 points and Nifty at6018, up 58 points from the previous close. The market breadth was positive withadvances at 895 against declines of 392 on the NSE.
It was a Great week for the Indian market which, save for a couple of days of consolidation, looked strong following huge inflows of FIIs. Nifty and Sensex close above the important levels of 6000 and 20000, respectively.
In the next session :
NIFTY if traded above 6050 may attract huge buying. Traders are suggested to take fresh long position, if NIFTY sustains above 6050. BANKING along with AUTO SECTOR may attract buying.
Stock for Watch:
Sbi: Stock has making same pattern which was made in 2890 levels. Stock facing resitance around 3166 , I feel if stock cross 3166-3168 than can give jump of 3-5%.
EKC: Stock has given nice movement on friday looking nice on chart can touch 335-339 in near term.
Also Watch:
DLF Above 367 can touch 380 in 1-2 session.
Aban Can touch 890.
DO your own research before investement.
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