Markets opened up flat and then corrected a bit. Through out the trading session Indian markets remained very volatile. At one point of time Sensex slipped down 85 points in red and pull back sharply nearly 100 points in green. Traders had their day out today. Sensex closed at 20932 up 80 points and Nifty closed up 23 points at 6301. On the Diwali mahurat trading day Nifty for the first time since 2008 closed above the 6300 levels. But slipped soon after on the next day. Today once again Nifty closed above 6300 mark will good volumes. Nifty will continue to face resistance at 6340-6357levels.
IFCI looks good with a short term target of 85++
Sell IDBI below 193. SL 194.6
Buy bharti Airtel above 335.75. SL 328.
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