Nifty moving towards its first target 6350: Sukhani

Written By Unknown on Senin, 18 November 2013 | 23.07

The Nifty opened gap up today and managed to close at higher levels, this indicates now correction is over and the Nifty is ready for an up move. We will examine possible targets for Nifty and Bank Nifty. In sector analysis we will discuss CNX-IT, which is trading in a range while Metal sector forming a bullish pattern. For Futures traders, Silver has broken its support. For swing trades, stocks in focus include ASIAN PAINT and WIPRO for each of these stocks, we analyze their technical picture; identify trades with stop loss and targets. There are interesting trading possibilities in the EUR-INR currency pair.

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