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Photo: Jansatta 
The domestic indices closed flat yesterday. The BSE Sensex closed at Exchanges will reopen on 08 38,417.23 up 60.05 points (+0.16%) while the Nifty closed at 11,355.05 up 21.20 points (+0.19%). The Nifty thus is getting support near 11200/11300 ranges and as long as this level is intact, the bulls acan build short term long positions.

#I feel the scrip of MMTC Ltd (Rs.18.20) will test Rs.17.70 level before going up. You should therefore wait for more clearer signals.

#Buy the shares of Kothari Sugars and Chemicals Ltd (Rs.14.95), for short term targets of Rs.19/21. The chairperson of this company is Mukhesh Ambani's sister, Nina Ambani Kothari. The festive demand for sugar, is likely to keep the stock buoyant. 

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