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Sensex Fluctuated in a range and closed Flat

Technicaltrendz:The Sensex ended flat after recovering from the lower levels to continue its winning streak for the fourth day.The Sensex opened 61 points lower today taking subdued cues from the global markets. The index rebounded but could not hold on to the gains. Thereafter, the index exhibited a lacklustre movement till noon trades before plunging into negative territory again to touch a low of 16,610 points. However, the Sensex gained as buying activity resumed and touched an intra-day high of 16,765, up 155 points from day's low. The index finally closed at 16,741, up 30 points.

BULL:FII(Foreign Institutional Investors) brought 1486 Cr of equity today.Yesterday tips of BHARATFORGE just gone through the roof,there is also speculation of compant planing to rise money

BEAR:As i said two days back DII(Domestic Institutional Investors)continued selling,they sold 506 cr in equity today.

TT:Tips for next trading day

BULL:As per todays closing we are bullish on PFC(power finance Corporation),POWERGRID

BEAR:We have sell calls on ABB,GMRINFRA,NTPC