Nifty Future:

Trade with caution. Divergence exists between Price and MACD / RSI / Stochastics. Market is vulnerable for correction on downside.

5250 and 5079 are Resistance and Support and between this Band it will move.

VAH – 5187            VAL –  5167      POC – 5173.70

Stock Future:

Bank Baroda witnessed sell off on last trading day, after announcement of result. Stock can bounce today to around 825.

Look for Infy to do dead cat bounce to support Index and has potential to move to 2725.

Happy Trading

C T Ramesh Raja