IBULSGFIN BUY ABOVE 263.20 TARGET 267/271 SL 258
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The Sensex was up 529.82 points or 1.31% at 40889.23, while Nifty was up 159.40 points or 1.34% at 12073.80.Nifty Metal is the outperforming sector up over 2 percent led by Jindal Steel & Power and Hindalco Industries which jumped 4-5 percent followed by JSW Steel, NALCO, NMDC, SAIL, Tata Steel and Vedanta.Infra stocks are also buzzing led by Bharti Airtel which jumped over 5 percent followed by Bharti Infratel, DLF, Interglobe Aviation, Siemens and Tata Power.After a tough battle that lasted nearly for the last three weeks the bulls finally gained . has broken out on the upside today. On Friday last week,The key short term moving average indeed turned out to be a strong support & induced the bulls to stretch their arms.
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The Sensex was up 529.82 points or 1.31% at 40889.23, while Nifty was up 159.40 points or 1.34% at 12073.80.Nifty Metal is the outperforming sector up over 2 percent led by Jindal Steel & Power and Hindalco Industries which jumped 4-5 percent followed by JSW Steel, NALCO, NMDC, SAIL, Tata Steel and Vedanta.Infra stocks are also buzzing led by Bharti Airtel which jumped over 5 percent followed by Bharti Infratel, DLF, Interglobe Aviation, Siemens and Tata Power.After a tough battle that lasted nearly for the last three weeks the bulls finally gained . has broken out on the upside today. On Friday last week,The key short term moving average indeed turned out to be a strong support & induced the bulls to stretch their arms.
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