Nifty Future:

Selling could emerge when it nears 5255 and can drift to 5150 – 5120. Any meaningful upmove can happen if Bulls are able to conquer 5280, and this could trigger a short covering to 5320 – 5335.

The above are broader levels and tomorrow being the settlement day, market may not do anything great and could move in sideways between 5255 -5190 to end on a flat note.

Stock Future:

Buy Infosys around 2658 with SL at 2650. TGT 2700 – 2715

Short JSW Steel around 1185 with SL at 1193. TGT 1165 – 1140

Short L & T around 1615 with SL at 1625. TGT 1575 – 1555

Best wishes

Happy Trading

C T Ramesh Raja