MARKETS ON THEIR FINAL DAY OF EXPIRY OF THE CONTRACTS, IT WOULD REMAIN HIGHLY VOLATILE WITH NEGATIVE BIAS. EVEN IF THERE IS LITTLE BUYING SEEN INITIALLY MAY NOT SUSTAIN DURING THE DAY. BE EXTREMELY CAUTIOUS ABOUT TAKING POSITIONS, TRADE LESS AND WISE. NIFTY HAS STRONG SUPPORT AT 3317 AND RESISTANCE AT 3430. NIFTY IF BREACHES 3370 WE MAY SEE FURTHER UPSIDE TILL 3430 AND IF IT CLOSES ABOVE 3400 WE MAY SEE A RALLY FOR THE NEXT FEW SESSIONS AND IF NIFTY CLOSES BELOW 3300 THEN WE CAN SEE FURTHER DOWNSIDE BEFORE ANY UP MOVE IN THE MARKET.
BUY GMRINFRA FUTURES ABOVE 109 SL 107.4 TGT 112.3BUY IDFC FUTURES AROUND 68 SL 66 TGT 70/71.5/73
BUY BRFL FUTURES ABOVE 167.5 SL 164.4 TGT 171/174
SELL MCDOWELL FUTURES 705 SL 711 TGT 685/676
SELL SBIN FUTURES BELOW 1234 SL 1251 TGT 1205/1191
SELL SIEMENS FUTURES BELOW 292 SL 296 TGT 286/283/280
SELL RELCAP FUTURES BELOW 490 SL 504 TGT 482/474/466
