Tomorrow we might open flat to 20 point negative.
Here is daily sectoral chart
Fii's & Dii's action on 7th April
Market profile values for 8th April
*Nifty spot/Nifty future
VAH --- 5385/5384
POC --- 5378/5377
VAL --- 5361/5360
Yesterday values played out well.Look at the chart.
Till 12:45 Nifty futures traded above VAH and finally drifted below VAL and closed above 7th April VAH
*3 red lines are VAH,POC,VAL respectively.
Level's to watch out on downside is 5333 and 5305 below that 5290.
On the way to upside First resistance comes at 5390 and 5400-5420.
*Stay on sidelines.Fresh investment not recommended.
Stocks which are looking weak :
Axis bank,cipla,ongc,Aurobindo pharma,sun pharma
Cheers & Best to your trading.
Disclosure: NO POSITIONS