NIFT STRONG HOLD 3000 +

Technical Analyst, Vishwas Agarwal while commenting on the market said, `` F&O Nifty 3,146 is an important hurdle before any further rise in the rally. Trends indicate that market will stop rising at this level and see some correction that could last upto two trading session. After correction there could be upmove once again. 3,076 is an important level that must be sustained at NSE for upmove upto 3,146 level.

Agarwal advised, `` During above mentioned correction short selling could be a good option.For Friday TISCO, SBI and Neyveli Lignite look good for trading with self decided stoploss. Earlier recommended stocks like Sterlite Industries, Aban Offshore, Welspun Gujarat and Reliance Industries have shown sufficient rise keeps part profit booking in these stocks with abnormal rise.


 

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