Nifty has broken 5200 yesterday but manages to close above that criticalmark. As long as it sustain above 5196 marks we can expect a technicalrecovery. This recovery can go up to 5300 marks. Rather than attemptingshort try to be long from lower levels.
We have seen buying coming back to auto stocks. This stock has formed abottom support at 1060 levels and I feel that we can see a strong movetowards 1200 levels very soon. Technically buy this stock with stop loss of 1088
Without a shadow of a doubt, I was amongst the first few who has initiatedshort on this stock from the levels of 2000 onwards. Yesterday, it has tested1460 levels before a intraday bounce. Technically I will prefer to buy thisstock in any fall with stop loss below 1470 levels. I am expecting 1545sooner.
This is amongst the few stocks which have seen good pull back in pasttrading session. Technically one can buy this stock with stop loss below 51levels. On higher side I can see this stock testing a level of 54-55 in comingfew days.
::ASTRO VIEW ::
BEARS ARE PLAYING LONG INNINGS AND BULLS AREWAITING FOR THEIR TURN. STILL MORE INVESTIGATIONGOING ON AND MORE SCAMS ARE READY TO HIT.SO MARKET MAY TAKE SOME TIME FOR RECOVERY.NOW WE HOPE STOCKS ARE GETTING BOTTOMINGOUT ONE BY ONE LIKE DLF. SO IT IS TIME TOWATCH AND CATCH.STILL OUR LONG TERM TREND LINES ARE INPOSITIVE ZONE.AS WE POSTED YESTERDAY