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UNITECH LIMITED, JAIPRAKASH ASSOCIA, UNITECH LTD., RELIANCE COMM LTD, VISESH INFOTECNICS, TV18 BROADCAST LTD
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RIL looks weak. If it sustains 1320-30 levels then further upside. If it breaks below 1310 will take support at 1250.
Short RIL below 1310
Target 1: 1280
Target 2: 1250
Wait & Watch: Watchout for 640 & 690 level in Auropharma. If it breaks above 690 can go up to 800 or if it breaks below 640 it will take a support at 590.
Short term resistance at 1500 if sustained above 1500 then it will move to 1675 level in coming days. Go long above 1500.
Infosys is looking weak. Will move to 900 levels before bouncing a bit and then further downside. Avoid longs until it looks good.
Target: 900 (32 points)
Stoploss: 943 (11 points)
There is an unfilled gap from 8970-9020. Market will try to fill it as soon as possible.
Target: 8975 (175 points)
Stoploss: 9200 (50 points)
Impulse moves during downtrend completed on daily charts. Now ready for counter-trend corrective move.
Target 1: 670
Target 2: 725