FOR INTRADAY TRADING,SUPPORT EXISTS AT 5170 EXTENDED TOWARDS 5160(IF US & ASIAN PEER CORRECTS) & UPPER SIDE 5230-50 CLIMBING IS SWEATING EXPERIENCE FOR NIFTY.MARKET IS DECIDING ITS OWN VOLATILE,NARROW,FLAT,KILLING TREND RANGE.FIGURE OUT THE TREND & U WILL BE THE ULTIMATE WINNER.NIFTY HEAVY RELINCE,INFY,SOME BANKS MAY SHOW CORRECTIVE BOUNCE FROM LOW.
(1) RELIANCE:DEEP BUY OR ABV 1089 TGT 1 TO 1.5%
(2)INFOSYS:ABV 2585 OR DEEP BUY POSSIBLE THEN GO TOWARDS 2599-2603
(3)ICICI BANK:AGAIN DEEP BUY OR ABV 851 TGT 857-60 SL 845.
U CAN FOLLOW THE SAME STRETEGY IN AXIS BANK AS GIVEN YESTERDAY.
SOME STEEL COUNTERS MAY ALSO SHOW CORRECTIVE BOUNCE.WAIT & WATCH.
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