Yesterday Nifty closed in red at 6221.15 [-1.3%].
ASIANPAINT closed at 485.55 not broken its support of
480.00 similarly BERGEPAINT is holding its support of 224.00.
Got chance to buy L&TFH & TORNTPOWER at 72
& 114.30.
L&TFH not broken 72 convincingly it has strong
support at 68 and resistance in the range of 76/78.
TORNTPOWER is holding its support of 112.00, likely to
face resistance at 120/122.
Market will always move up n down.
What one is buying, at what rate n at what rate one
is booking profit plays very important role.
There is one way to get accustomed to S&R, select
few good stock, and trade only in them. Over a period one will come to know
were a particular stock gets S and R.
Delivery based trades are always good for new player.
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