Option reading index for today is (+) 0.23 rise from last trading figure of (-) 2.78 suggests mild selling pressure. Keep in mind weekly view. You can read the post here
For update on L&T, visit here
For update on L&T, visit here
Ichimoku - Std Param
Price Trend - Up. Tenken trending up, Kijun, Span B trending flat. Span A rising. Kumo Gap - 106 points. Resistance - 5590, 5607,5635. Support - 5560, 5522, 5490, 5478,5466. Kumo gap decrease suggest reduced volatility.
Ichimoku - Short Param
Price Trend - Up. Tenken/ Kijun weak bullish cross, Tenken up. Kijun, Span B flat with Span A rising fast. Short term bullish kumo crossover. Kumo Gap - 13 points. Resistance - 34 DMA - 5607, 50 DMA - 5635. Support - 5560, 5492, 5466. Key trailing SL for longs can be kept at 5466. 
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