Being the last Thursday of the month, Its an F&O expiry today
and Indian market witnessed a flat start off. International markets
closed mixed with the Dow Jones up 58 and Nasdaq down 8 odd points. A
range-bound trading with negative bias is expected today. We can see
some downfall in afternoon trade and a recovery thereafter,
Technically 5133 is the level which is required to be sustained
for a considerable upside while 5068 can invite levels like
5055-5040.
TCS can be a good intraday stock to trade with. Wipro, on the other
hand, can be accumulated for short term trading.
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