NIFTY DAILY OUTLOOK
We see nifty has strong support at 6055 & do not see it breached immediately. At the same time we see 6200-6220 as major resistance range with the minor resistance placed at 6140.We see nifty opening with flat to positive bias & testing the level of 6140 during the first half of the day. It is then expected to consolidate & move up further during the later part of the day.

(1)BUY BRFL AT 258 WITH THE STOP OF 248 FOR THE TARGET OF 290.

(2)BUY APOLLOTYRE AT 83 WITH THE STOP OF 81 FOR THE TARGET OF 92 OR ABOVE.

3)BUY UNITED PHOSPHORUS AT 190 WITH THE STOP OF 187 FOR THE TARGET OF 205.


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