morning thoughts..

As said and expected the reaction came and with force.
The markets breached our crucial levels and broke down with vangeance to close below 10000.
Technically the indices stills looks down and is likely to see some more downsides.
However there are strong supports at 9630 on sensex and 2845 on nifty where it should head for and take support.
Breaching the levels will negate the view of another upmove and will slide towards 9200.
Moreover sustaining the levels will again see an intermediate bounce to levels of 10700
The supports for the nifty is at 2845 levels and resistance at 3000 levels
The supports for the sensex is at 9630 levels and resistance at 10200 levels


Stocks to watch

Kotak bank and bharti airtel looks weak for downsides.


Our bumper call R – given yesterday was rel infra , bought at 605 and exited at 624 .

Many such bumper calls are coming ..

Don’t miss golden opportunity.


Yesterday’s calls sent via newsletter , sms and messenger

Hcc – buy at cmp 58 sl 56 targets 62 , went 64

Renuka sugars – buy at cmp 68 sl 66 targets 71 , went 70.20

Bajaj hind 55 ca – buy at cmp 4.25 sl 3 targets 7, hit targets like a dot


Bnb rel infra – buy at cmp 605 , booked at 624