Nifty traded at 5968.55 down 18.70 points, the index open
lower down psychological level 6000 due to weak Asian and Global market cues.
All Sector index except Pharma and PSU Bank were traded lower. SunPharma (3.70%), GAIL(345.90%), NTPC(1.09%), TATA Power(0.60%), RANBAXY(0.46%)are gainers and JP ASS(-2.89%), BHEL(-2.85%), Bank Of Baroda(-2.20%), BPCL(-1.80%), Hero Motocorp(-1.69%) were in losers pack.
Nifty touched high of 5970.00 and low of 5947.90. The index is seen consolidating in Narrow range and optimistic. The index is likely to bounce back to 6000, selling pressure is higher may be declined to 5900 level.
Sell JP Associates Target 75.00 SL 80.00.
Buy SBIN Target 2380.00 SL 2350.00.
Sell Jubliant Food work Target
1050.00 SL 1080.00.
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