Nifty closed below important resistance level and cut the resistance line. It indicates some weakness.
TRdaers are advised to sell in the rally and stay short with SL of 5155 level.
More selling pressure is seen around 5145 level and if we see 2 closing above this level then Nifty may test 5194 and then 5210 level as well.
Market bias was highly negative with many stocks falling down.
Besides we see many stocks naking fresh highs.
We can see much momentum in small and mid cap stocks.
| Important Nifty Levels for 10th March | ||
|---|---|---|
Nifty Pivot | 5104 | |
| Support | ||
| 5075 | 5051 | 5022 |
| Resistance | ||
| 5124 | 5163 | 5194 |
| Important BankNifty Levels for 10th March | ||
|---|---|---|
BankNifty Pivot | 9110 | |
| Support | ||
| 9059 | 9011 | 8980 |
| Resistance | ||
| 9156 | 9214 | 9242 |
| Stocks to buy Today | |
|---|---|
| All Targets may not be achieved today. | |
NSE Symbol: Escorts | |
Buy with SL 149 T 175 | |
NSE Symbol: LITL | |
Buy with SL 49 T 58 | |
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