Tomorrow, Nifty may rise towards 5600 and then back below 5477 and hopefully 5420(-). Till 5420 is done, even the stocks with long setup may languish close to the lows. However, once this figure is reached, I expect the Indian markets to explode for a final push beyond 6300.
At 5420 on Nifty, longs/CEs in Nifty, SBI, DLF, Unitech, Rpower, Rcom, ICICI, LT, Tata Motors, Ranbaxy and many more can be initiated for decent and sharp gains.
dear sir, you have mentioned the date as 4th july 2013 instead of 4th aug 2013.Sorry to find fault with you.
ReplyDeleteThanks Jagannathan ji.
ReplyDeleteTomorrow, Nifty may rise towards 5600 and then back below 5477 and hopefully 5420(-). Till 5420 is done, even the stocks with long setup may languish close to the lows. However, once this figure is reached, I expect the Indian markets to explode for a final push beyond 6300.
ReplyDeleteAt 5420 on Nifty, longs/CEs in Nifty, SBI, DLF, Unitech, Rpower, Rcom, ICICI, LT, Tata Motors, Ranbaxy and many more can be initiated for decent and sharp gains.