The Nifty index of the National Stock Exchange is down 13.20 points or 0.17% at 7316.45, off an early low of 7302.50.
It's a weak start for stocks on the Indian bourses this morning, with investors pressing some sales in the IT space. The Sensex is down 90 points or 0.37% at 24,466.10, after declining to around 24,435. The Nifty is down 13 points or 0.17% at 7316.65, after falling to 7302.50.
Best Stocks To Trade Today:-
Infosys Ltd, Reliance Industries Ltd, Tata Motors Ltd, Trent Ltd, SAIL
Nifty support and resistance levels for 29 May 2014
Pivot level = 7325
support 1= 7306, resistance 1= 7348
support 2= 7283, resistance 2= 7367
support 3= 7264, resistance 3= 7390
BUY UltraTech Cements with a target of Rs 2480 and a stop loss of Rs 2330.
SELL Coal India with a target of Rs 376 and a stop loss of Rs 385.
BUY Dr Reddy's Laboratories with a target of Rs 2377 and a stop loss of Rs 2326.