NS TESTED 100DMA 8214 AND STARTED TO FALL ,

NOW TAKING SUPPORT AT 50 DMA 8086,

IF HOLD WILL GET RECOVERY IF NOT DOWN TREND STARTS....

HOLD SHORTS WITH SL OF 8180

YES WE ARE BACK WITH NEW SERIES AND WITH GOAL.......

Corrective trend got complex, not resolving in the last two trading days.

Day trend is down  while the Hour technicals suggest of reversal from overbaught.

as long as prices stay between “7949 & 7755″ trend is biased natural.

Support and Resistance for today.

Weekly trend asserted; now for the Day & Hour to attempt a reversal again….

Trend is down!!!!

Next what?????

Holding of yesterday's close Nifty would attempt 7685-7737.
Below 7647 we can see 7586-7518

Remember We are on buy side...

BUY LUPIN ARROUND 1775-85 AND UP TO 1650 WITH TGT OF 2100+ HOLDING PERIOD IS 2 MONTH

BUY PNB AT 165-169 AND UP TO 160 WITH TGT OF 200+,HOLDING PERIOD IS 2 MONTH

Nifty Premarket View 11.08.2015

Yesterday we have booked Ashok Leyland at 89. Baught at 80....

Hold Adani Port, Lic housing and SUBROS For target.

Nifty Premarket View 05.08.2015