Nifty witnessed a break in its upward journey but it appears that even the downside is not much...In other words the range is going to reduce slowly and we would soon be at a point where the nifty would witness a major break out or break down.
Apollo Tyres increase stop to 71
Auro Pharma could not reach our target of 188 but definitely gave partial profits by making a high of 185.
Canara Bank partial profits booked and the other half got stopped
GEShip profit booked in shorts
HDFC stop 665 sell below 657 for 645-635
ICICI Bank till not taken out use 1065 as stop to sell in rallies for 1020
IDFC till not taken out use 138 as stop to sell in rallies for 134-132
JP increase stop to 82.5
Kotak profit booked
Sun Pharma below 477 stop 482 sell for 465
Tata Motors exit longs
JSW Steel stopped
Yes Bank stop 305 sell in rallies for 290.
Happy Trading!!!
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