JUBLFOOD FUTURE BUY CALL AT 1344 GIVEN YESTERDAY ACHIVED 1ST TGT 1354 PROFIT OF 5000 IN 1 LOT.. CONTINUE TO HOLD FOR FINAL TGT 1369 WITH REVISED SL OF 1344
MANAPPURAM CONTINUE TO HOLD
WEEKLY RESISTANCE FOR NIFTY: 11000, 11175, 11250
PIVOT POINT: 10900
WEEKLY SUPPORT FOR NIFTY: 10850, 10750, 10650
WEEKLY CHART FOR NIFTY 
DAILY RESISTANCE FOR NIFTY: 10980, 11000, 11100
PIVOT POINT: 10950
DAILY SUPPORT FOR NIFTY: 10900, 10850, 10800
DAILY CHART FOR NIFTY 
Nifty has crossed the hurdle of 11000 in this week but Friday nifty struggled for 11000 mark & failed to sustained above 11000 & ended below 10950 mark at 10943 amid renewed concerns over US-China trade tiff.
We had a gap down opening to kick off the new trading week after last Friday’s volatile session. During the first half, the nifty remained under; however, the latter half turned out to be an excellent one for the bulls. The market breadth improved tremendously and in the process, Nifty managed to surpass the 10900 mark on a closing basis. On Tuesday we had a flat opening in the absence of major Asian bourses. During the first half, index saw mild profit booking but thereafter, we had a gradual up move which was followed by a consolidation to eventually end the session with nominal gains. Yesterday, although index closed in the positive territory, the market breadth was not at all good. Wednesday, a bright sunshine was seen in our markets after undergoing a challenging period in last month and a half. We started proceedings with a decent upside gap on the back of favorable global cues. During the first half, index consolidated with a positive bias; but, there was massive destruction being witnessed in the broader market. Fortunately for us, index picked up a strong momentum post the midsession and there was massive short covering rally seen across the board. In the process, Nifty went on to close at 5-month high by clocking more than a percent gains at 11062. Thursday Nifty was little changed despite the Reserve Bank of India surprising the street with a rate cut and changing policy stance to "neutral" under Governor Shaktikanta Das's first monetary policy review. Eventually, the much awaited RBI monetary policy turned out to be a non-event. The Nifty rose 7 points to close at 11069.
NIFTY: A STRONG SUPPORT WILL BE @ 10900; STRONG RESISTANCE LEVEL SEEN @11175
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