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Today Market is looking in a perfect bull trend. Here are some points which support the market trend in positive way. US markets have reversed early session losses to close higher on hopes for a deal on the debt ceiling. Meanwhile Europe ended in the red and Asia is mixed in morning trade with Japan is down nearly a percent as Bank of Japan's latest aggressive easing falls short of expectations.
Nifty for Today:
For Today nifty is in a buying bucket. In last trading session Nifty closed on a bear note at 6048. So today the first resistance for nifty is at 6100-10 level. Next resistance ranges are at 6160-65 levels. On downside first support is at 6031-26 level. Below that nifty may fell to 5987-83. Nifty is up today. One should go for the Buy in current market.
Stock Tips For Today:
- Buy Bajaj Finserv for target of Rs 890 and keep a stoploss at Rs 859
- Buy Kingfisher Airlines for target of Rs 15.30 and keep a stoploss at Rs 14.30
- Buy Indiabulls Securities for target of Rs 13 and keep a stoploss at Rs 11.90
- Sell Ashok Leyland January future for the target of Rs 24.50 and keep a stoploss at Rs 26
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