NIFTY REVIEW: 28TH MARCH 2014
Nifty market opened on a positive note and continued its northbound journey. It made a high of 6673, but in the last half an hour of trade it witnessed some profit booking and finally Nifty ended at 6641 with a gain of 0.61%. The Advance Decline ratio was almost 3:2.
Yesterday in last half an hour of trade, Nifty witnessed some profit booking because of March contract expiry. The undertone is still bullish and any correction is a good buying opportunity. We maintain bullish view on Nifty with our target of 6950. On the downside, Nifty has immediate term support at 6425, however, the short term support remains at 6200.
NIFTY LEVELS TO MAINTAIN IN TODAY'S STOCK MARKET
Support Level 2: 6563
Resistance Level 1: 6677
Resistance Level 2: 6712
INTRADAY STOCK TIPS TODAY
BUY IDEA at 138.65 SL 134.60 TGT 147
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