Radar - Icsa/Opto Circuit/Anu lab,Nelco
For nifty calls n stock target Pls subscribe
Nifty will target 30_ _ 100%
Sell cairn for target 17_ 200%
The profit booking has checked the rally and has moved to the
correction of the rally of 580 points in Nifty. The daily trend
has turned down and the monthly trend is doubtful to turn up.
Looking at the velocity of the fall, this correction may go
down to 2890 levels in coming days with minor pull backs in
between. However, the support for the day is seen near
9400/2925 while the resistance for the day is seen near
9800/3050. We maintain our view, that after a due correction,
the market will pick up once again. Selective stocks should be
picked up on declines