GOOD MORNING!!!
TODAY IF NIFTY TRADES ABOVE 4652 THEN WE CAN SEE NIFTY TO MOVE UP TO 4710 AND TRADE ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4803 AND ANY CLOSE ABOVE 4710 WOULD TAKE MARKETS TO NEW HIGHS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4558 THEN IT WOULD COME DOWN TO 4501 AND IF NIFTY CLOSES BELOW 4550 THEN ONE CAN STAY AWAY FROM LONGS AND IF NIFTY CLOSE BELOW 4500 THEN ONE CAN EXIT LONGS AND GO SHORT. TODAY MARKET WOULD NOT HAVE GOOD VOLUMES AND MAY BE VOLATILE BUT TAKE CARE OF THE LEVELS MENTIONED ABOVE
BUY RCOM SL 274 TGT 285/293BUY ESSAROIL SL 153 TGT 158/162
BUY RELCAP SL 886 TGT 921/930
SELL NATIONAL ALUMINIUM SL
SELL STERLITE SL 643 TGT 625/618
BUY MUNJAL SHOWA AT 57 TGT 65/70/75 (VERY SHORT TERM)
BUY SOM DISTILLERIES AT 28 TGT 32/37/42 (VERY SHORT TERM)
