Profit booking likely in JSPL, Hindalco & SAIL: Devangshu Datta

Check out the trading strategies in Bank Nifty, Wipro, metal shares with Devangshu Datta, Technical Analyst.

SmartInvestor: Markets are trading in a tight range today. What is your advise for investors to trade in Nifty?

Devangshu Datta: No clear trend visible today. Resistance at 6240-6250 - use as stop loss if you are short. Support at 6200, next support at 6165 - use these as stop loss for long positions. Breakouts could go till 6535 or 6100 (all futures prices above).

SmartInvestor: Metal stocks have been buzzing for the past few days, any bets from this space?

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