Nifty : Trading in range bound region. After corporate results, nifty comes under profit booking. Stock specific action is going on. R&S : 18050 will act as strong support and 18450 will act as strong resistance. FII/DII : FII is long with index future of +95 correlation.(long in index future) / DII short in index future.
Sectors : Iron and Steel, Banking.
News : Indian government reduce export duty on steel.
Stocks to look out for : #jswsteel, #tatasteel, #jindalSteel