Rupee and Asian market give support to nifty, share market close positive trend

Share market of India Close positive trend due to support of Rupee and Asian market as well as bank nifty look buying position today , all psu bank lead roll in market, BSE sensex increase 158 point close at 19962 and Nifty gained 49 point close above 5899 above.

Bank nifty increase 1.64% or 168 point close at 10447.48, yes bank, sbi, union bank, bank of India, axis bank increase 5% to 2.5%.

Tata power, dlf, gmr infra, ntpc, hul, itc, united brewerie, dr reddy, cipla, ranbaxy labs, maruti suzuki top gainer in nifty market.

Share market trend tomorrow:

nifty and all world keep eye on decision of QE3 to deduction or continue to buy bond , if more deduction then negative effect will seen on market.

Today nifty close at 5900 level so

resistance for tomorrow: 5931,5963,5989

support level for nifty : 5874,5853,5831

Advice : buy above 5920

and sell below 5885

stock for trading:

buy dlf future above 165 target 167,168,169 stoploss 162

buy hdil future above 41.30 target 42,42.40,42.80 stoploss 39.40

option call: buy sunpharma 550 call above 16 target 18,20,22 stoploss 12

option call: buy yes bank 310 call above 23 target 25,27,29 stoploss 18