Hi Traders,


Nifty Choppy as said. UP and downs. 6240 breached but couldn't hold but there is a chance it will go up till 6350 if it closes above 21000 on BSE and 6230-6240 on NSE.
Lets have a look at chart.

Bank Nifty:

Well bank nifty is around a break out. If it breaks then expect bank stocks to make a rally. UCO bank is also on breakout. So look out for that.

After 10950 breakout expect a rally for a target of 11190. After that consider next target as 11748.

Wipro:

Wipro looks on a sell spree. Take the trade while you can sell it as it will not go on for long. Sell below 468. 

Target:455

SL: 484

Keep it tight. This is a buy stock in actual but it may go down for tomorrow. Remain very strict with this one or you will lose money. Trade after 10 15 only.

UCO Bank: As suggested earlier it has resistance band of 68-70 which it is breaking quite often.

Target: 75

SL: 64,63

Keep an eye on Indiabulls realestate as advised earlier it had posted a strong result and is down today due to profit booking. Buy it at current prices with target of 71 -75.