Yesterday Nifty failed to sustain above 5400 . It has support at 5300 zone and may trade in a range for a few trading sessions.There has been lot of build up in Nifty Put as the implied volatility is low .
TCS will come out with result today .
Exide Industries is a good buy on dips . It has support at 130 and resistance at 150.
Our earlier long term trading ideas like Castrol and Zydus wellness are out performing the broader market.
Thursday, July 15, 2010
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