MARKET OUTLOOK FOR 5TH DEC

The market is expected to open on a flat to positive note today; traders are advised to assume long positions if Nifty sustains above 5840 levels for upside targets of 5900 and 5950 levels. Alternatively, they can assume long positions from lower supports of 5800 levels with a final stop loss placed at 5770 levels.

Intraday Recommendations:

Buy Hindalco @195 sl 190 Tgt220

Buy Bata above 260 sl 225 Tgt 280-315

Buy Tata motors above 746 Sl 739 Tgt 760

STOCK TO WATCH

RNRL, ANSAL INRA, WWIL, MRPL, 3IINFOTEC, ICICI BANK, YES BANK, RIL, GAMMON.