WHERE MARKET IS HEADING?
TOWARDS 5310 OR 4810 ?
WE ARE ALREADY 300 POINTS UP FROM RECENT LOWS OF LAST WEEK. NOW QUESTION IS WILL MARKET TAKE REST HERE OR WILL CONTINUE THIS RALLY?
FEW STOCKS SUGGESTING THAT MARKET WILL CONTINUE RALLY.BUT FOR THIS WE WILL REMAIN STICK TO OUR LEVELS. NIFTY WILL BE MORE GOOD IF ONCE CLOSES ABOVE 5132 AND WEAK IF CLOSES BELOW 4965. BUT I AM STILL WITH A TARGET OF 5220 TILL WE ARE CLOSING ABOVE 5038.
NIFTY SPOT RESISTANCE: R1= 5112 R2= 5132
ONGC GOOD TILL CLOSING ABOVE 1125
RIL WILL BE MORE GOOD IF CLOSES ABOVE 1062
SBIN GOOD TILL CLOSING ABOVE 2225
HINDALCO TSL 144
TISCO SL 480
UNITECH BUY IN DIPS
RELCAPITAL TSL 632
RCOM IS A BUY
PUNJLLOYD IS A BUY ON DIPS