GOOD MORNING!!!
LAST DAY MARKETS WERE POSITIVE AND REMAINED POSITIVE THOUGH THERE WAS SOME DECLINE IN THE MID AFTERNOON TRADE. ALL IN ALL MARKET BREADTH REMAINED POSITIVE.
TODAY MARKETS WOULD OPEN FLAT TO NEGATIVE AND WOULD TRADE IN RANGE BOUND. IF NIFTY TRADES BELOW 5385 THEN LIKELY TO COME DOWN TO 5350 LEVELS AND ANY BREAK BELOW 5350 IS CONSIDERED TO BE WEAK AND WOULD TRAVEL TO 5320 LEVELS AND ANY CLOSE BELOW 5350 ONE CAN EXIT SOME OF THEIR LONG POSITIONS AND WAIT. ON THE OTHER SIDE IF NIFTY TRADE ABOVE 5410 ONLY THEN ONE IS ADVISED TO TAKE LONGS FOR A TARGET OF 5450 AND ANY BREAK ABOVE 5450 ONE CAN SEE MARKETS TO FLY ANOTHER 100 POINTS IMMEDIATELY IN A VERY SHORT TIME.
BUY HAVELLS SL 671 TGT 683/689/700
BUY ADSL SL 242 TGT 247/251/254
BUY CORP BANK SL 572 TGT 584/592/600 (MEDIUM TERM 650/700)
BUY SKF INDIA SL 532 TGT 543/549/558
BUY TATAMTRDVR SL 566 TGT 577/582/588
