ALL FOR : EQUITY & FUTURE
DURATION : SHORT TERM
Buy PUNJLLOYD
This week market may consolidate near current level
Last week Sensex gained 223 points or +1.24% to 18221 and Nifty gained 108 points or +1.31% to 5479 in the week ended 3-9-2010. Last week nifty bounce back from bottom but still nifty could not cross previous high of 5543. On weekly basis nifty is having strong support at 5334 and resistance at 5543.
Last week GDP data showed good strength. Auto sector and Cement sector also showed good