SELL GITANJALI GEMS BELOW 513
TG-509/504/498
SL-519
NIFTY SPOT
TREND-CONSOLIDATE
RESI 1: 5970
RESI 2: 6020
SUPP 1: 5850
SUPP 2: 5800
STRATEGY: SELL ON HIGHS
BANK NIFTY FUTURE
TREND- CONSOLIDATE
RESI 1: 12600
RESI 2: 12750
SUPP 1: 12350
SUPP 2: 122200
STRATEGY: BUY ON DIPS
BUY UNITED SPIRITS 2050 CALL ABOVE 92
TG-96/102/110
SL-82
Mkt in no trade zone; not much upside for Nifty
Key equity indices were up in early trade Wednesday, even as near term outlook remains hazy in the absence of any improvement in macro-economic indicators.
Shares of Kingfisher Airlines rose 5% to Rs 16.45 on news that the company is in discussions with several investors for equity partnership, including Gulf-based Etihad Airways.
