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NSeNiFty-initial hurdle around 4825-30,Crossover which it can move up to 4845,4870-75,One should book profit around 4880-4910 and stay in cash.
Extending Bear Rally on yesterday it can COME DOWN TO 4690-92 AND 4670-75 break below 4670 it can come down to 4610-4600 and 4540-30
IT can be short Term Bottom So Don't Be aggressive at higher levels
Vix Indicator -Returned from The couple of Tops Indicate Short Term Bottom.
Tatasteel-Sell Below 417 tgt 408
Sbin-On Friday We advised To sell below 1950 tgt 1907 and 1860..almost achieved
now below 1860 we can see 1805-10,1715-1700 and finally 1500.
IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.
