The market likely to settle at higher level in the morning it is good to adopt buy and sell strategy. As the opening is with a huge gap, it is difficult to assess the individual stocks performance.
The RIL is good above 2320 level and find more buyer support above 2340 level.
The realty sector again in news headlines- The DLF is good above 561-63 level, UNITECH good above 183, JP is good above 191 may cross the 200 mark.
The metals are loosing their upward steam may get bottom support. The Tata Steel is good above 651 and weak below 639 level. Sail is good above 149 and may see selling pressure below 143.
The BHEL is struggling at higher level may find resistance at 184-51 level. LT may find resistance at 2885-93 level, REL infra at 1045-50 level.
The booming banking lot is slightly distribution stage as the SBI is trading for a discount with others.
SBI is good above 1565, weak below 1540 level, Relcap good above 1420 weak below 1385, ICICI good above 729 may face selling pressure below 720-16 level.
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