Nifty daily range 6260-6350

Nifty closed above 6300, once again giving hope to reach
the high of 6350 along with positive advance-decline
ratio. The trends of all periodicity are favorable for further
upsurge. Meanwhile, for Banking sector to show more
strength, Bankex has to cross 13300 levels. The support
for the day is seen at 20800/6260 while the resistance for
the day is seen at 21100/6350 levels. Rotational
movement among stocks is likely to continue with few
Midcap stocks likely to add flavor to the market.

DIWALI GIFT ST BUY KKCL @548,ACCUMLATE CHAMPDANY ON EVERY DIP TILL 30 FOR 1 YEAR

IDFC is seeing a bullish 5 & 21 crossover coupled with a BUY signal on the RSI. Supports exist around the 204 level. We advise buying IDFC @ 209 with a SL @ 204 and target of 219.

  

The total value of money applied for in the Coal India IPO exceeds the Total Equity Assets Under Management of Indian mutual funds.

ST BUY PIPANAV @87,KOHINOOR @69

The govt plans for revenue sharing , where sugar industry will share sugar upside with the farmers leading to 30 % rise in their incomes.

TODAY CALL EID PARRY REC TO U @445 TIME @10.40 UPTO 10.58 IT WAS TRADED BELWO 450 AFTER 11'CLOCK IT WENT TO 479 SIMPLY UPBY RS 34