Sensex & Nifty are testing support at 18000 & 5400 respectively, money flow indicators are showing selling pressure.In spite of decent global indicators our markets are gyrating between positive & negative territory. Tomorrow it may try to overcome resistance at 5433 & on the downside may slip to 5310. Though majority of stocks are at their quarterly low or below, they are not giving clear long signals, so it is better to stay sideways. Compulsive traders can take long positions in Gitanjali for a target of 215, IFCI for a target of 60, Infotecent for a target of 178, Jpassociat for a target of 96, Sasken for a target of 172.
HAPPY INVESTING ....... CHEERS !!!
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