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Watch Nifty
Ø Nifty is slowly inching its way up. 6050-60 levels are important and if it can get past this level, it would be the first hurdle crossed. Of course one would have to look for a close above the said levels comfortably for a conclusive proof of bullishness.
Ø Nifty's resistance for 27/12 is expected around 6050 (+/- 10 pts.).
Ø We would recall that on 23/12, Titan was recommended as a buy around 3300. It touched a low of 3300 subsequently before again going upto 3510. It has strong support around 3300 and 3200. It could move up to 4000 levels if Nifty turns up conclusively. It is worth mentioning that even intra-day ( on 24/12), we had advised longs in this scrip.
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