Market will be once again be following the downward trail. So use any recovery as an opportunity to go short.
Sensex Resistance 8467-8631-8762. Support 8047-7921-7769.
Nifty Resistance 2663-2736-2764. Support 2539-2502-2458.
Sell HDFC Bank 802 SL 835 Tgt 764-741-721.
Sell Rel Cap 286 SL 314 Tgt 273-259-246.
Sell Bombay Dyeing 122 SL 133 Tgt 113-104.
Sell Maruti 649 SL 672 Tgt 632-625-593.
Sell OBC 103 SL 108 Tgt 99-95.
Sell Bank Nifty 3455 SL 3631 Tgt 3221-3162-2960.
Some Stock to go long:
Buy IVRCL 112 SL 108 Tgt 118-122.
Buy Mphasis 182 SL 172 Tgt 190-200.
Buy Satyam 42 SL 39 Tgt 45-49.
Buy NB Ventures 124 SL 118 Tgt 131-137.
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