The opening session of week started on cheerful note considering the positive cues across the globe and Nifty index hit another milestone by surpassing 10600 levels during the initial hour of trade. Subsequently, the bulls maintained the gains throughout the remaining part of the session. In the process, Nifty ended the session near the highest point of the day and gain 0.61%. At this juncture, the Nifty index eventually broke the bearish divergence trend line drawn on weekly RSI (14) chart. Going forward, yesterday’s gap area of 10588 / 10566 may to act as an immediate support. On the other side, 10645 / 10670 are immediate hurdle.
Stocks For Today
Name Entry Target Stop loss
PNBHOUSING Buy Around 1328 1389 1300
HEROMOTOCO Buy At cmp 3786.75 3850 3745
ACC Buy Around 1820 1870 1795
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