Market Trend Today
The Indian trading market opens on the first day of a new week on a positive note. On Friday, the US markets closed with marginal gains with Dow up 67 points while Asia is mixed at this hour. Sensex is trading at 17058, up 86 points from its previous close, and Nifty is at 5172, up 26 points. CNX Midcap index is up 0.4% and BSE Smallcap index is up 0.2%. The market breadth is positive with advances at 652 against declines of 149 on the NSE. Nifty support at 5125-5090 and resistance at 5175-5200. Bank nifty has supports at 9940-9816 and resistance 10120-10220.
Intraday Trading Tips
Buy UCO Bank above 78.65, target 81.00 for IntradayBuy State Bank of India above 2187.90, target 2215.00 for Intraday
Buy NTPC Ltd above 153.75, target 157.00 for Intraday