BSE index:- Our “share tips expert” Consider for this week...Buy or remain long considering 16586-16529 & 16476 solid supports keeping stop loss of 16413. Upward side it'll rush up further to 16827-16864 & 16971-17052 initially which is a most crucial resistance to watch out for. A close above 17052 it'll sustain on higher levels & flare up to 17123, 17170-17230 & thereafter to 17527 & 17726.
Downward side a close below 16413 it'll turn weak & fall down to 16257 & 16188.
Nifty:- We Consider for this week...Buy or remain long considering 5006-4991 & 4968 solid supports keeping stop loss of 4950.
Upward side it'll rush up further to 5079 & 5114-5131 initially which is a most crucial resistance to watch out for where selling will be seen, keep strict stop loss of 5135 to your shorts. In any better scenario a close above 5135 it'll sustain on higher levels & spurt up to 5191 & 5245.
Downward side a close below 4950 it'll turn weak & fall down to 4917 & 4891.
Bank Nifty:-Our expert Consider for this week...Buy or remain long considering 9395 a nearest & 9225 & 9140 solid supports keeping stop loss of 9068. Upward side it'll spurt up further to 9654 & 9971, book entire profit around 9971.