Sensex Technical View :
Resistance levels stated before as 18800-19000 and dips from now on should see support at 18050 and 17500 levels. As stated yesterday leveraged players should reduce and for now dont be in a hurry to re enter or again get leveraged. Be stock specific and wait for value buuying levels in particular stocks.
Nagarjuna Fert , Escorts , Ispat etc did their 10-20% moves as said and was advised to book partially and wait for dips to add.
Peninsula Land looks a good investment at 86-79 levels.
Pennar Inds is a value buy below 24 with a view of 6 months for 30% or more gains.
TECHNICAL ANALYSIS SESSION MUMBAI FEB 9-10 .
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