1. Tata Steel Target Rs 355

2. Bharti Infratel Target Rs 172

3. Sanghvi Movers Target Rs 54

Nifty is at crucial juncture at break out or break down level. Market is confused before the Credit Policy. Nifty has resistance as it inches upwards and selling pressure will mount. In earlier instances we have seen Nifty slipping from 6, 190 level. On downside 5, 950 is important support for Nifty. If Nifty breakdown this level then another 200 points down side will get opened up.

CONCLUSION: Traders could buy the market on dips with strict stop loss of 5, 950 on Nifty. We expect market to be range bound going forward. Also stocks which are at attractive valuation are good bet. Midcap will outperform the broader market.

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