Dowjones -227, Nasdaq- 43
Today also same theory You can see GapDown Opening as per global Mkt. All global mkt are in RED. If Sensex break 17000 level and traded below this level you can see more downside from this level up to 16500. Nifty have resiatance near 5130.
Buy Biocon Its look attractive buy in decline next tgt 500,525
IfCI buy in decline its jumping jack ready to show you movment
Gspl Keep SSL 69 tgt 75,78
Petronet also look attractive SL 75
ScripName-----S1---S2----RS.---R2---R1----Position
Nifty---------5050-5095-5124-5150-5199-Go long above R2,Go short below S2.
Adlabs---------710--719--726--735---741--Go long above R2,Go short below S2.
Cent. Text-----811--819--827--836--845--Go long above R2,Go short below S2.
DLF-----------620--629--637--645--654--Go long above R2,Go short below S2.
Icici Bank------886--898--911--921--933--Go long above R2,Go short below S2
Infosys-------1845-1859-1871-1891-1913--Go long above R2,Go short below S2
J P Asso.------246---249--256--258--261--Go short below S2.
Reliance-----2620--2649--2668--2691--2707--Go long above R2,Go short below S2.