Some relief rally is due.
Axis Bank stop 1210 buy for 1290-1320
BPCL 665 target achieved. Beyond that 680 could be possible. Keep stop of 640
Bharti low 365. Should not break
Ambuja 140 target achieved. Below 140 could slide to 135
HCL Tech 500 target achieved. Could slide to 480 once 490 is broken
HDFC 660 target achieved. The next fall may be after a small upward correction could lead the stock to 635
HPCL increase stop to 380 and book profits between 410-420
Hindalco if 200 is broken then slide to 190. Above 208 stop 204 buy for 215
ICICI Bank whole day the low was 1056 the level below which we had indicated to go short but as it was not broken the shorts were not initiated. The moment it brke in the last hour of trading it fell by Rs.14 in minutes.
IDBI stop will be 130
IDFC stop will be 130
ITC target achieved
JP above 86.5 stop 82 buy for 89-93
Jet our target is 430 but the low made was 441. Reduce stop to cost and book profits today.
Reliance stop 940 buy for 970-985
Tata Steel 575 is very crucial
Bhushan shorts have given partial profits and partial trade was stopped. Above 490 stop 480 buy for 510-520
Happy Trading!!!
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