Attention:

State Bank of India is highly oversold in chart. Probably it could find a temporary bottom around 2280 and move towards 2600 – 2650.

Nifty Future:

Resistance around 5472 and crossing 5479, it will move to 5520

Support  around 5390 and breaking 5381, it will fall to 5345 – 5385

Stock Future:

Short Bank Baroda below 834 with Stop at 844. TGT 820 – 805

Buy Dr Reddy above 1610 with Stop at 1596. TGT 1630 – 1655

Short Tata Steel below 559 with Stop at 567. TGT 546 – 535

Happy Trading

C T Ramesh Raja