50 dema supports Sensex n Nifty …Rain Calcining…


The historical channel top at 60 odd levels. This is the fifth attempt at 55-60 zone!! If sustains above 62-64 levels can lead to a fresh upmove to 75-95 levels.. Only concern is stoplosses would be little deeper so do ur fundamental research ....

Sensex Technical View:

Sensex and Nifty have bounced back from 50 dema levels which is generally a good support in short term corrections. Bounce from these levels should see resistance 19100-19300.

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Stocks to watchout for:

Majestic Auto for intraday freeze...

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