SELL COLPAL FUTURE BELOW 1248 TGT 1242/1234 SL 1254
BUY NTPC FUTURE ABOVE 131.5 TGT 133.4/135.5 SL 128.5
BUY NTPC FUTURE ABOVE 131.5 TGT 133.4/135.5 SL 128.5
Nifty50 registered a strong bearish candle as it slid down in the last 40 minutes after moving in extremely narrow range of around 50 points between 10,870–10,825 for larger part of the trading session.The last hour breakdown may put some more pressure in the next session which may drag down the said index toward its 100-day moving average whose value is placed around 10,700 levels.
Benchmark indices ended around half a per
cent lower following a sell-off in the last hour of the session on Wednesday
weighed by RIL, L&T, ICICI Bank and State Bank of India.
The S&P BSE Sensex ended at 36,034, down 120 points or 0.33 per cent, while the broader Nifty50 index settled at 10,794, down 38 points or 0.35 per cent.
The S&P BSE Sensex ended at 36,034, down 120 points or 0.33 per cent, while the broader Nifty50 index settled at 10,794, down 38 points or 0.35 per cent.