This is the hourly Nifty chart.The important level is 5760 which has not been broken on the upside. Above that we can see a good move in Nifty to 5850. Tomorrow being RBI credit Policy, trades in Nifty futures should be done with stop loss.
We had recommended Larsen and Toubro as a good buy.
Let us see the hourly chart of Larsen and Toubro futures.
There has been good accumulation in this scrip and today had higher than average volumes. A break above 1680 will give a target of 1700 and 1800.
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