Thursday, July 15, 2010

Nifty may remain in a range for some time

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.

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