Market has become stable since 17th July, 2013 after huge rattling due to wild currency movement. Ever since the beginning of this settlement, market is haunted by statements  from Ben Bernanke  of windingup of stimulus. This had wide repercussion on world financial markets, and USD strengthened against all major currencies of the world.

Lets hope there are no further damages beyond this.

Today, trade with caution as two way movement in market is expected.

Nifty Future:

Resistance around 6060 and crossover of 6079, it will move to 6110 – 6158

Support around 6029 and breaking 6016, it will fall to 5974 – 5925

Stock Future:

Buy HDFC around 787 with Stop at 778. TGT 803 – 820

Short Reliance below 919 with Stop at 929. TGT 902 – 883

Good Luck !!