Market today

Global signal showing positive market open today ,nifty open with almost 50 point higher then yesterday around 4935 and try to break 4970 level in intraday but inmy view sell at every rise is better stretagy then buying at current level, yet no positive for long term senrio in market so better to stay away  for investment .

Sell nifty around 4965 with stoploss of 5010 for target of 4800 in week time.

Buy infosys 2500 put at 74 with stoploss of 55 for a target of 300 incoming days.

Market today

Yesterday market trade in range bound and nifty trading around 5000 mark and nifty close to 5030. selling pressure seen in infra,public sector bank and service sector,Dowjones  yesterday down 200 points at open but at closing recovery and close below 100 point from its previous closing .

Today Indian stock market opening at flat as sgxnifty trading flat around 10 point but  as market sentiment seem negative bias some profit taking again pull down market at lower levels buying comes so market canmoov upside in second session and today market get support around 4930
Trader in nifty buy around 5050 with stop loss of 5024 for a price target of 5080-5130.