Sensex Technical View :
After a good move for a couple of sessions we end up seeing some boring sessions. This pattern has continued and still remains in place unless we see a breakdown below the range of 8630-8750 soon. Continue to wait for next direction.
Stocks to watchout for :
Colgate does the move up exit now. HDFC Bank , ICICI Bank and AXIS followed levels exactly. Infosys pulled back from 1160 as expected.
Have put a few charts in the post below.
Stocks that look bullish in short term
Bajaj Auto , Maruti Ltd and PFC .. if able to cross 503/640/145 with volumes could give 5 -10% move.
ICICI Bank below 355 , Axis below 375 and HDFC below 1350 could be the stocks to watch on short side.
Best Regards,
Nooresh
09819225396
noorrock2002@gmail.com , meraninooresh@yahoo.com
