Sensex Technical View :
Sensex has filled the gap at 14200 and the retracements below 14200 are 13800/13500 where the dip should see support around any of these levels. Till markets remain in this broad range of 13500 to 15100 investors/traders can look to stay stock specific as some stocks may continue to perform. Only a close below 13500 and 15800 would imply a major turnaround move till then continue to be stock specific.
Stocks to watchout for :
Bounce candidates for extreme short term with 3% stops for a tgt of 5-12 % buy arnd or below friday close:
Neyvyeli Lignite
Ispat Inds
TTML
Rolta is sustaining at higher levels a close above 300-305 would mean a breakout. A close above those levels would mean a tgt of 340-350.
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Technical View presentations.
https://www.4shared.com/file/52292941/78ee58d4/QuickGans_Technical_Analysis.html
https://www.4shared.com/file/52348854/4c2c005d/KAL_AAJ_aur_KAL.html
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Best Regards,
Nooresh 09819225396