Short To Mid Term Calls-Nifty Trend-Intraday Tips for Tomorrow 21 Sep

NIFTY OUTLOOK: Today Indian markets opened on sharp lower on the back of weak global cues. Then it traded in tight range and got recovered moderately. Thereafter plunged again during the closing hour and ended with significant losses on Thursday. BSE Sensex ended the day with a loss of 146.76 points at 18,349.25. NSE Nifty closed at 5554.25, around 20 points off the day's low, it recorded a loss of 45.80 points.

Short-To-Mid Term Technical Trading Calls:

1) Jyoti Structures (For: 4-5 weeks) Buy on dips at 37.60 for a target of Rs 46 with stop loss 36.20.

2) Rashtriya Chemicals-(Fo: 4-5 weeks) Buy on dips at 54.50 for a target of Rs 60 with stop loss 52.30.

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