MARKETS ON TECHNICAL FRONT ARE LOOKING VERY STRONG AND ARE PREPARING TO ROAR DAY AFTER DAY, BUT ONE SHOULD KEEP IN MIND THAT THERE IS 100% POSSIBILITY THAT PROFIT BOOKING WOULD CROP IN AFTER SUCH AN UP MOVE. THERE IS VERY LITTLE UPSIDE FROM HERE, NIFTY CAN GO THE MAXIMUM OF 4600 AND ON THE DOWNSIDE WE MAY SEE NIFTY TO TOUCH 4100 ONCE IT BREAKS THE CRUCIAL SUPPORT SO, KEEP YOUR PROFIT LOCKED BY KEEPING TRAILING STOPLOSS ON YOUR POSITIONAL CALLS. STUCTURALLY MARKETS ARE LOOKING STRONG SO DONT SHORT UNTILL IT BREAKES CRUCIAL SUPPORTS AND DONT HOLD YOUR POSITIONS WITHOUT STRICT STOPLOSSES.
TODAY MARKETS ARE LOOKING POSITIVE IF NIFTY MANAGES TO CROSS 4460 AND TRADES THEN WE CAN SEE IT TO TOUCH 4500 AND THIS BEING RESISTANCE THIS MAY BE THE INITIAL TARGET FOR NIFTY AND IF IT MANAGES TO CROSS 4500 AND TRADES THEN WE CAN SEE NIFTY TO TOUCH 4550 LEVELS THERE IS EVERY POSIBILITY THAT NIFTY MAY TAKE CORRECTION WITH PROFIT BOOKING. MAJOR LEVELS TO WATCH IN NIFTY ARE 4515 - 4576 AND SUPPORTS AT 4372-4290.
BUY GNFC FUTURES ABOVE 96 SL 94 TGT 100/102
BUY DLF FUTURES ABOVE 407 SL 398 TGT 414/422
BUY L&T ABOVE 1400 SL 1384 TGT 1420/1438
BUY JP ASSOCIATES ABOVE 208 SL 205.5 TGT 212/214
BUY M&M ABOVE 665 SL 661 TGT 675/684/695
