Hiiiii
Market have witnessed a selling pressure from the said level as profit booking remain very heavy on the market and all the heavy weights hammered well due to profit booking,and bulls were unable to give a close aboe 4200+ as written by me.still one thing is a major concern as if it not gives a close above these levels then market may remain under pressure in the coming days too.the only hope is a breakout or breakdown with gap up/down opening is expected to lead further rally.blind short in the panic is still not advisable as it is not shorting market in panic.
Mantra : Irritated Bulls may takeover anytime Bt they have to fight very "tight"
Opening is flat to negative, keep long above 4180 with stop loss 4164 tgt 4200-4225.
Stocks:-
Reliance Industries above 1690 tgt 1710 1724 ++
Reliance Capital TGT 1056 1075
Titan
Renuka sugar Tgt 625
sl 1%
cash call : Nitin Fire & welspun guj
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