Indian equity market ended up 0.50%; Nifty up 32 pts and Sensex up 106 pts.
U.S ADP Non-farm employment change came at 38K vs. expected at 177K.
European markets were in red with DAX worst, Dow future was down 80 pts.
Indian equity market ended up marginally 0.50% for second consecutive day despite weaker global equity markets. Nifty added 32 pts to end near 5600 at 5592 while Sensex added 106 pts to settle at 18608. European markets were in red with DAX down 15 pts, CAC down 7 pts and FTSE down 11 pts. Dow future was down 80 pts as well.

Nifty Outlook
Trend: - Consolidate
Resistance: - 5625 5690
25,
Support: - 5540, 5490
Strategy: - Buy on dips

Bank Nifty OUTLOOK
Trend: - Consolidate
Resistance: - 11040, 11200
Support: - 10815, 10690
Strategy: - Buy on dips

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Shree Renuka Sugars Ltd.
CMP : 70.05
Buy above 70.40 for Tgt of Rs 71--71.60--72.25 and SL of Rs 68.80.

RESISTANCE: first resistance close to the level of 5425 & above this level  5505
SUPPORT:  first support close to the level of 5310 & below this level  5230

Nifty is expected to consolidate in a range of 5,250 to 5,550. Indian Markets are likely to be volatile for coming trading sessions. I would suggest, you should be buying when the stock market falls and selling when it is at very high levels.

For Nifty Tomorrow the major support is there at 5,308 below further downside. On the other hand, the resistance is there at 5,445 and 5,515.

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Nifty Tips for tomorrow

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Nifty Outlook

Trend: - Consolidate
Resistance: - 5490 , 5560
Support: - 5410,  5300
Strategy: - Sell on highs
 Bank Nifty outlook

Trend: - Consolidate
Resistance: - 11050 11300
Support: - 10780, 10610
Strategy: - Sell on highs
Indian equity market down 1.20%, Nifty down 65 pts & Sensex down 208 pts.

RBI raised repo & reverse repo rate by 25 bps to 6.75% & 5.75% respectively.

European markets were in green with DAX leading, Dow future was up 80 pts.

Indian equity market ended down post RBI policy & rising crude oil with Nifty losing 65 pts to end below 5450 at 5446 while Sensex ended down 208 pts to end near 18K at 18150. In Euro zone, DAX was up 100 pts, CAC - 51 pts & FTSE- 59 pts. Dow future was up 80 pts as jobless claims came down by 16k at 385k & Core CPI at 0.2 vs. 0.1%. 

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