On daily charts, we can see that RSI having a value 52.80 is northbound. For the coming session, 5,115 is the immediate support for Nifty and if this is broken, next support is seen at 5,080/5,050. On higher levels, 5,200 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5,240/5,300. The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow. Trade long, if Nifty holds above 5,150 targeting 5,200 - 5,230 levels with a stop loss placed at 5,120 levels.
Jubliant Life Sciences:
Shares of the company gained Rs 11.8, or 5.95%, to settle at Rs 210.20. The total volume of shares traded was 65,206 at the BSE.
Ranbaxy laboratories:
Ranbaxy Laboratories in its chart gave positive breakouts near its 486 levels and headed higher. The stock continues to look positive and can continue its upward momentum towards its 532 levels. The stock looks good as buy on dip. Immediate Support for the stock is seen in the range of 494-486.
Shares of the company gained Rs 21.25, or 4.37%, to settle at Rs 507.25. The total volume of shares traded was 213,868 at the BSE.
Wipro:
Wipro in its charts has given positive breakouts in the range of 330-338. The stock if sustains decisively above 338 can continue its upward momentum towards its 360 levels. Support for the stock is at 330. One can eye the stock with positive bias for short term.
Shares of the company gained Rs 8.5, or 2.58%, to settle at Rs 338. The total volume of shares traded was 201,859 at the BSE.
Jubliant Life Sciences:
Shares of the company gained Rs 11.8, or 5.95%, to settle at Rs 210.20. The total volume of shares traded was 65,206 at the BSE.
Ranbaxy laboratories:
Ranbaxy Laboratories in its chart gave positive breakouts near its 486 levels and headed higher. The stock continues to look positive and can continue its upward momentum towards its 532 levels. The stock looks good as buy on dip. Immediate Support for the stock is seen in the range of 494-486.
Shares of the company gained Rs 21.25, or 4.37%, to settle at Rs 507.25. The total volume of shares traded was 213,868 at the BSE.
Wipro:
Wipro in its charts has given positive breakouts in the range of 330-338. The stock if sustains decisively above 338 can continue its upward momentum towards its 360 levels. Support for the stock is at 330. One can eye the stock with positive bias for short term.
Shares of the company gained Rs 8.5, or 2.58%, to settle at Rs 338. The total volume of shares traded was 201,859 at the BSE.
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