25 September 2013

On the Indian Stock market Sep 25

If the support of 5886 holds today then the index will remain bullish with resistances at 5935, 5979 & 6010.
Otherwise below 5886, it will remain weak with supports at 5851, 5811 & 5767.
Intra-day traders are advised to stay away from market in the wake of impending settlement tomorrow.
Short-term traders may add put options of October series if nifty happens to trade above 6200 levels.
Mid-term traders may continue pruning their portfolio.
DisclaimerThe writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

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