Market open on a flat note near 11025 & Fail to Hold on above 11000, witness a sharp slide towards 10925.
Nifty closed on 10943.60 ( 08.02.19)
Going forward, 11,040 ( High of 08.02.19) be the Resistance level for the market on a current time being.
10900 Nearest Intermediate support level for the market.
Overall trend remain “Buy on Dip” till we hold into the supportive level of 10900.”
Index slip below 10900& sustain then we likely to slide towards 10800/10700.
F&O Ban Stocks: ADANI ENT, DHFL, IDBI, JET AIR, RELCAP, RELINFRA, RPOWER
Earnings to Watch: AMARAJA BAT,ANDHRA BANK,CORP BANK,EICHER MOT,GNFC,HAL,HIND COPPER,INDCEM,ITI,MOTHERSUMI,PFC,SPICE JET,TRITURBINE