- TCS has taken a support of short term MA. We recommend a buy above Rs 2620 with the stoplos of Rs 2580 for the target of Rs 2680.
- LIC is looking bearish today, We recommend a sell in LIC Housing (Mar Future) below Rs 455 with the stoploss of Rs 475 for the target of Rs 425.
Monday, March 23, 2015
Intraday Nifty Tips and Trend For Today 23rd March
Intraday Nifty Tips For Today 23rd March
The 5-6% downside seen in the Indian equity market is not a full fledged correction. In this correction, one could look at buying largecap FMCG stocks and midcap pharma. We are not very optimistic on banking sector but does not advise a sell for those holding them. In case the banks decide to pass on the RBI interest rate cut then they could become a buy.
Nifty Trend Today
We expect Nifty to trade between 8450-8680. Nifty has a support at 8450-8500 spot zone.
Intraday Tips for Today: