Buy on dips with a stoploss of 5810 for Nifty: Ravi Nathani
The 30-share BSE Sensex is currently at 19620 levels while NSE Nifty is trading at at 5814 levels.
Benchmark share indices opened higher on Thursday led by realty and banks. The 30-share BSE Sensex is currently at 19620 levels while NSE Nifty is trading at at 5814 levels.
On the sectoral front, BSE Metal, Consumer Durables and Capital Goods indices have surged between 1.5-2%. Sectors like IT, TECk, PSU, Auto, Oil & Gas, Power, Realty, Healthcare and Bnaks have gained between 0.7-1.3%.
The main gainers on the Sensex at this hour include BHEL, Coal India, Sesa Sterlite, Tata Steel, TCS, Wipro, Hero Moto, L&T and ONGC. In the financial space, ICICI Bank and HDFC Bank were among the top gainers.
Speaking to SI, Ravi Nathani, Technical analyst, nsetoday.com suggests a buy on dips strategy for trading Nifty today.
SmartInvestor : Benchmark indices are up over 1% in early trades. What are the key levels to watch out today
Ravi Nathani : Nifty on charts has resistance around 5900
On the sectoral front, BSE Metal, Consumer Durables and Capital Goods indices have surged between 1.5-2%. Sectors like IT, TECk, PSU, Auto, Oil & Gas, Power, Realty, Healthcare and Bnaks have gained between 0.7-1.3%.
The main gainers on the Sensex at this hour include BHEL, Coal India, Sesa Sterlite, Tata Steel, TCS, Wipro, Hero Moto, L&T and ONGC. In the financial space, ICICI Bank and HDFC Bank were among the top gainers.
Speaking to SI, Ravi Nathani, Technical analyst, nsetoday.com suggests a buy on dips strategy for trading Nifty today.
SmartInvestor : Benchmark indices are up over 1% in early trades. What are the key levels to watch out today
Ravi Nathani : Nifty on charts has resistance around 5900
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First Published: Oct 03 2013 | 11:03 AM IST