It was a good day of trade for the Indian market which closed with broad gains on the back of buying interest in almost all sectors following supportive global cues. After two days of profit booking, buying was seen in smallcap and midcap stocks and today's gainers in trade were telecom, metals and real estate. Sensex shut shop at 18205, up 234 points and Nifty at 5471, up 69 points from the previous close.
Next day trading sessions:
In the next session NIFTY is expected to trade in the range 5420-5500. If sustained above 5500 NIFTY might attract morebuying. METALS, ENERGY and TELECOM STOCKS may continue buying trend while FMCG and CEMENT may face selling.
Stock for watch:
Jswsteel : stock showing triangle breakout can touch 1200-1220 in near term maintain SL of rs 1130
Acc looking good on chart can touch 900 level.
Previous calls:
Aptech & Ster has met their tgt in single day.
Herohonda exit.
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