Buy Rolta India Ltd(15-20 days )

At – (167-172)

Tgt – 180.25, 188.30,204.40

SL- - 152.50

Nifty future as expected resulted in sell off after positive opening near 6224 has seen huge profit booking in the last trading session. Now on the upside resistance is at 6160/6200 levels and on the downside support is at 6050/5980 levels. We recommend selling on rise with strict stop loss of 6150.

Bank nifty future as expected resulted in sell off after positive opening near 12685 has seen huge profit booking in the last trading session. Now on the upside resistance is at 12520/12600 levels and on the downside support is at 12180/12085 levels. We recommend selling on rise with strict stop loss of 12620.

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