Way2wealth.com

Markets are expected to open on positive note but on higher side will see stiff resistance around 8800-8820 levels. From those levels some profit booking is expected that can drag Nifty towards 8650-8600 levels, according to a report by Way2Wealth.

Support for Nifty at around 6400: Way2Wealth.com

According to Way2Wealth.com, on lower side aggressive put writing has been seen around 6400 levels and that will continue to be strong support for indices whereas 6580-6620 will act as stiff resistance.

Resistance for Nifty at 6320-6350: Way2Wealth.com

According to Way2Wealth.com, Nifty will face stiff resistance around 6320-6350 levels and from those levels profit booking is expected.

Support for Nifty at around 6230-6250: Way2Wealth.com

According to Way2Wealth.com, on lower side Nifty will find immediate support around 6250-6230 levels. On higher side call writing at 6300 will act as stiff resistance for indices in short term.

Go long in Jaiprakash Associates: Aditya Agarwal

According to Aditya Agarwal Of Way2Wealth.com, one may go long in Jaiprakash Associates with a target of Rs 45-48.

Buy Shriram Transport for long term: Aditya Agarwal

Aditya Agarwal Of Way2Wealth.com is of the view that one may buy Shriram Transport Finance Corporation at current levels for a target of Rs 580-585 in next two-three trading sessions.

Go long in Jubilant Foodworks: Aditya Agarwal

Aditya Agarwal Of Way2Wealth.com recommends going long in Jubilant Foodworks as the stock may test Rs 1070-1080 in the next few trading sessions.

Go long in Mahindra and Mahindra: Aditya Agarwal

Aditya Agarwal Of Way2Wealth.com recommends going long in Mahindra and Mahindra as the stock may test Rs 975-980.

Resistance for Nifty at 6120-6150: Way2Wealth.com

According to Way2Wealth.com, Nifty will continue to see stiff resistance around 6120-6150 levels. Overall, indices are looking range bound and will continue to trade in broad range of 5980-6150 levels.

Short Ranbaxy on bounce: Aditya Agarwal

Aditya Agarwal of Way2Wealth.com is of the view that one may short Ranbaxy Laboratories on bounce.

Go long in TCS on dips: Aditya Agarwal

According to Aditya Agarwal of Way2Wealth.com, one may go long in Tata Consultancy Services on dips as the stock may rally 4-5 percent in next 2 or 3 trading sessions.

Go long in HDFC, advises Aditya Agarwal

Aditya Agarwal of Way2Wealth.com recommends going long in HDFC with a target of Rs 845.

Short Tata Steel: Aditya Agarwal

Aditya Agarwal of Way2Wealth.com is of the view that one may short Tata Steel as the stock may test Rs 365.

Support for Nifty at 6070-6100: Way2Wealth.com

According to Way2Wealth.com, Nifty will continue to find strong support around 6100-6070 levels on lower side.

Nifty may trade between 5700-5980: Way2Wealth.com

According to Way2Wealth.com, market is expected to open on subdued note and thereafter will continue to trade with negative biasness. Nifty will continue to trade in broad range of 5700-5980 levels.