Auropharma gave a long finger down yesterday and was discarded at those levels.
Today Intraday support and bounce could be in the range of 752-757. Stocks should remain above these levels or reverse intraday.
Entry should be around 757. and stoploss could be slightly below 750.
Trend line channel on a weekly chart of TataMotors ...Chart shows scope for bullish traders as well as bearish traders.
Someone has rightly said "Beauty lies in the eyes of the beholder".
Check the chart and figure out which side are you ...let me know too :)
Could It be another repeat of 2007 buying spree ...Could it go crazy this time..No solid reason looking to make it fall considerably yet !!
Nifty has PE of 26 right now..If history has its say....It's time to book profits or Is this going to be different this time....Keep guessing :)