We see nifty crawling up towards 6240 till 12.00 noon. However in our view it will not be able to cross 6250 under any circumstances. From the 12.00 noon we see a sharp down move down to 6150-6100 range till the close of the day.

(1)SELL SBIN AT ANY BOUNCE NEAR TO 3250 WITH THE STOP OF THE 3285 FOR THE TARGET OF 3150-3100 RANGE.

(2)BUY GSPL AT 112 WITH THE STOP OF 108 FOR THE TARGET OF 121 & THEN 126 IN NEXT 5 DAY.