Monday 28 April 2014

Sell Nifty on every raise CMP 6761.

Dear Market Participants,

Nifty is in a mood of sideways, Keep shorting nifty on every raise, CMP 6761 and raise towards 6860 should be shorted.  We expect a target of 6300 in Spot.   For another 1 or 2 weeks Nifty can make its move to a raise and a down. Then after will show some  1 week continuous fall to 6300.

Some of the weak stocks should be shorted on raise.
India Cements rs.70.3, Adaniports rs.192.15, Ambuja cements rs.200, BPCL  rs.456.4, Maruti rs.1950, ITC rs.342.

regards

Karthick
Capital Care

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