20th November Stock Tips Tomorrow: Nifty Trend For Wednesday

Market Closing of The Day:

Indian Equity Market closed on a higher note today with a consolidate trend, Nifty was choppy today closed just after 6200 level today. Both banchmark closed in a green mode today. The Sensex rose 40.08 points to 20,890.82, in addition to a 656-point rally seen in previous two sessions. The Nifty closed above the 6,200 level for the first time since November 6, gaining points 14.35 points to 6,203.35.

Top Gainer: Jindal Steel and Hindalco gained over 4 percent each while Maruti and SBI ended with more than 3 percent gains. Other gainer in the Sensex was Bharti Airtel.

Top Loser: Top losers in the Sensex are Sesa Sterlite, HDFC Bank , Coal India , TCS and Wipro.

Nifty Trend Tomorrow 20th November

Nifty closed at 6203. Technically nifty is looking consolidate from here. Our technical report suggest that nifty is still trading in a weak trend and the move from 6050 to 6100 still looks reactive in nature. Although Nifty will be bullish after the 6280 level in next day's trading on 20th November and may rally up to 6350 level. The support for Nifty is it 6130 and the resistance to the up move at 6300.

Stock Tips For Tomorrow: 20th November

Buy Suzlon Energy above 10 with target level of 11

Sell Financial Technologies at CMP for the target of 178 level

Buy Tata Motors For intraday target of 400 with stop loss at 387.