'BUY' OR 'SELL' ideas by experts for today's trade
NEW DELHI: The BSE Sensex is expected to remain positive on Monday and could possibility go through consolidation on the back of positive global cues.
"The market have found support between 4700 and 4750 levels however, it is only stability above 4,950 which could once again raise hopes for bulls to enter the market," added Pancholi, Senior Manager, Advisory (Equity) at Sharekhan Ltd.
"The key level to watch as support is 15,750 and 4700 on Sensex and Nifty respectively. The medium term supports are placed at 15980 and 4820," Kunal Bothra, Senior Technical Analyst, Manager Advisory, LKP Securities.
"On the resistance, short term resistance is at 5,040 levels on Nifty and 16,750 on the Sensex. In the medium term it is 5160 and 17,200 on Nifty and Sensex respectively," added Kunal.
ANIMA SINHA
PGDM 3rd Sem
"The market have found support between 4700 and 4750 levels however, it is only stability above 4,950 which could once again raise hopes for bulls to enter the market," added Pancholi, Senior Manager, Advisory (Equity) at Sharekhan Ltd.
"The key level to watch as support is 15,750 and 4700 on Sensex and Nifty respectively. The medium term supports are placed at 15980 and 4820," Kunal Bothra, Senior Technical Analyst, Manager Advisory, LKP Securities.
"On the resistance, short term resistance is at 5,040 levels on Nifty and 16,750 on the Sensex. In the medium term it is 5160 and 17,200 on Nifty and Sensex respectively," added Kunal.
ANIMA SINHA
PGDM 3rd Sem
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