MARKET LOOKS HIGHLY VOLATILE TODAY THE VOLATALITY INDEX IN THE MARKET IS VERY HIGH. TODAY MARKET WOULD FACE MAJOR RESISTANCE SEEN AROUND 3730-3760 ONE CAN SHORT AT THESE LEVELS WITH STOPLOSS OF 3780. MARKET LOOKS BEARISH ONLY IF IT BREACHES 3624 AND CLOSES THE DAY, ONE CAN CONTINUE TO STAY SHORT IN NIFTY IF IT CLOSES BELOW 3624.
BUY MARUTI ABOVE 842.5 SL 836 TGT 859
BUY MLL ABOVE 42 SL 41.5 TGT 44
BUY SAL STEEL ABOVE 9.25 SL 8.5 TGT 10.3/11
BUY ELECTCAST WITH SL 22 TGT 40 HOLD FOR FEW DAYS
BUY TATASTEEL FUTURES AT 296 SL 291 TGT 304/309
SELL TATACOMM BELOW 560 SL 564 TGT 549
