Buy UCO Bank with stop loss of Rs 29 for targets of Rs 40-Rs 45
Buy Edelweiss Capital with a stop loss of Rs 324 for a short term target of Rs 467
Buy Dish TV with stop loss of Rs 31 for a target of Rs 42
NIFTY: Weekly Trend Decider 3606. Today resistance 3640, 3690, down side below 3580, it will test 3500 which act as a strong support of coming days. Close below 3500, no need to hold long.
Short Term Trend : Up but cautious approach
Next Target : 3750 -3800
Trend Reversal : 3500BSE:
Key trend decider of this week are 11928. Today resistance 11940 and major support 11600, higher level it will face resistance 12115.
Short Term Trend : Up
Next Target : 11850-12000(achieved) now 12500
Trend Reversal : 11600
CNX IT
Key trend decider 2888. Consider act as 3000 are strong hurdle and rise on sell…is a best strategy.
Short Term Trend : Natural
Next Target : Wait and watch
Trend Reversal : 2685
BANK NIFTY:
Key Trend Decider 5450. Consider resistance 5600-5650, down side support 5200 and hold time being positive bias.
Short Term Trend : Up
Next Target : Natural.
Trend Reversal : Close below 5200
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