Yesterday: As predicted market opened with negative trend and gradually started to see some short covering rally and ended flat.

Today: Indian Stock Market will see some more short covering rally as F&O expiry date is approaching. But don’t expect much upside trend, so profit booking should be done at every up move till this expiry.

BSE Sensex: (8843): The support for the Sensex is 8600 and the resistance to the up move is at 9000.

NSE Nifty: (2736) the support for the Nifty is at 2680 and the resistance to the up move is at 2800.

Today’s Picks:

Buy Lnt 628 with intraday

Buy ICICI @ 338 intraday

Buy RIL @ 1263 for intraday

Buy Relcapital @ 376 for intraday

Profit booked through our yesterday picks:

As we suggested buying

–          Reliance at Rs 1210 and it must have given profit of 40 Rs on one share.   

–          SBI at 996 and it reached the same level it must have given a profit of Rs 30 per share

–          Cairn India at Rs 149 and it must have given profit of Rs 7-8 per share.

–          ICICI Bank at Rs 315 and it must have given profit of Rs 7 per share.

So Stay connected and Keep visiting EquityPandit.com to book handsome profits in Stock Market