The indices showed signs of wearing out at higher levels and failed to sustain the bullish opening gap.A bearish undertone hints at further downside up to 2550 in Nifty. Resistance for mkt 2680-2700. Sensex also break support level 9000 its sign of worry.
Reliance Infra keep SL 510 next tgt 475…450
Bhel Sell below 1280 SL 1300 tgt 1250
AXISBANK looking week next tgt 350
Rcom look week below 200 next tgt 180
ABirlanuvo show positive movent keep SL 450 tgt 490 risky shot
Heavyweight Reliance Industries touch its 15 days moving average 1190 and back. Its remains a concern and a move below Rs1,050 can take the stock till Rs980. State Bank of India also closed weak below Rs1,024 and should head for Rs950 levels. Bharti Airtel should test Rs600 support levels in trades today.
(Yesterday our tgt achived in nifty 2810. Sterlite ind tgt 225,235 ,kotak bank 329,maruti tgt 550)
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