நிபிட்டியின் இன்றைய நிலைமை

Indian Market outlook:-
Indian equities are expected to get a gap down opening on back of negative global cues and remain volatiledue to expiry of july monthderivative contract today
Techonically nifty as an interday resistance at-5585-5624 levels and Support is seen at 5515-5485levels.
The SGX nifty is trading down by 58 points at 5490
Curcialsupport is seen at 5452
FII's were net SELLERS rs 13cr in case market yesterday(27-07)

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Market may open with a downside note and is expected to trade lower. Lower level value buying can be expected being the day of expiry.

SENSEX (18432)

Sensex has support at 18392 below 18320. Resistance at 18485 and 18600.

NIFTY (5546)

Resistance at 5568 above 5584. Support at 5532, 5506 and 5494 below further downside.

RECOMMENDATIONS

1)EID PARRY (267.2)

Support at 262 and 253. Resistance at 270 above it can test 278 and more. (Buy for delivery)

2) PANECEA BIOTECH (170)

Last support at 168 if moves down it may find support at 162 and more. Resistance at 172 and 180. (Sell at higher)

3) CANARA BANK (496.1)

Resistance at 500 and 508. Support at 493.5 below it may test 488 and 482. (Sell at higher).

4)V-GUARD (227.55)

Resistance at 232 above 238 and more. Support at 223 below 218. (Buy for short term)

5)PUNJ LLOYD (72.2)
Resistance is there at 74 and 76. Movements above these levels can give further boost to the stock. Support at 69.9 and 68. (Buy for delivery)

DERIVATIVE STRATEGIES

SELL INFOSYS FUTURES AROUND 2820 LEVELS

SELL RELIANCE INDUSTRIES FUTURES AROUND 865 LEVELS