- Buy Reliance Industries Ltd. Target 728 Stop Loss 705.
- Sell Reliance Capital Lt. Target 247 Sto Loss 705.
- Sell Bank Nifty Futures @ 8333 Stop Loss 8380 Target 8290-8250.
- Sell SAIL with a target of Rs 78 and stop loss of Rs 87.
The Indian market opens for trade the first day of the week on a soft note. On Friday, the US markets ended mixed with the Dow down 55 odd points while Asia is in the red at this hour. Sensex is trading at 15774, down 74 points from its previous close, and Nifty is at 4725, down 20 points. CNX Midcap index is down 0.1% and BSE Smallcap index is up 0.2%. The market breadth is negative with advances at 240 against declines of 252 on the NSE.
