Market will show minor bounce today in the early part of the day but the sustainability over that remains a question mark. The markets have broken crucial supports and Nifty is on its way to first target of Nifty - 3847 over the next few days.
Sensex Resistance 13835-13947-14016-14179. Support 13701-13633-13518-13479.
Nifty Resistance 4105-4142-4173-4204. Support 4061-4044-4019-3919.
Buy IOC 561 SL 552 Tgt 571-580.
Buy BPCL 465 SL 453 Tgt 478-488.
Buy Tata Power 1082 SL 1071 Tgt 1103-1127.
Buy Sesa Goa 189 SL 185 Tgt 194-201.
Buy Century Tex 397 SL 385 Tgt 411-416.
Buy BemL 1000 SL 970 Tgt 1050-1072.
At Higher Levels One Can Short
Sell RCom 255 SL 266 Tgt 243-238.
Sell ReL Infra 1074 SL 1120 Tgt 1052-1013.
Sell Tata Steel 362 SL 371 Tgt 352-342.
Sell Cairn 206 SL 210 Tgt 200-191.
Sell DLF 283 SL 295 Tgt 276-264.
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