Sell Reliance Industries Ltd.

At – 1065.20 – 1060.10

Tgt – 1052.25 , 1048.30

SL - 1070.20

GITANJALI

Buy – 242.35

Tgt – 247.15 , 250.15, 254.10

SL - 237.75

Nifty future after facing strong resistance near 6320 has seen some profit booking in the last trading session. Now on the upside resistance is at 6250/6280 levels and on the downside support is at 6140/6080 levels. We recommend selling on rise with strict stop loss of 6260.

Bank nifty future after facing strong resistance near 12885 has seen some profit booking in the last trading session. Now on the upside resistance is at 12690/12760 levels and on the downside support is at 12520/12400 levels. We recommend selling on rise with strict stop loss of 12885.

Nifty future's projected high and low for next session is 6256 and 6120 (use this projection with other indicators). Immediate support now comes at 6193-6169 and break below 6169 is it more weak for 6097-6083-6075. Immediate resistance now comes at 6243-6248 and sustaining above 6193 will retest resistances upside.