A shooting star visible near strong overhead resistance, hints of a possible reversal in stock prices ahead ..........................................
Strong Overhead Resistance Prolonged Bearish Divergence Rising Channel Breakdown MACD bearish crossover Breaking 21 weeks EMA Trgts 110-100
.................................trgts 647-676............................
.......................................trgts 3330.............................
.......................................................trgts 903.....................................
........................................................................
.........................................long term bet trgts 2900///////////////////////////
..............................................trgts 670 .............................................................
....................................trgts 258-268..........................................
....................................trgts 10000............................
...............................................trgts 358-367..........
Outlook: Post breakout from an important hurdle at or around the 8300 level, the NIFTY GROWSECT 15 index has shown a good amount of traction by attaining a fresh high at 8830.70 in the week ended. Although it missed by a mere 30 to 40 odd points to record a fresh level on a closing basis, we believe it could be achieved in the sessions ahead. Top constituents...
INDIAMART Registers a bearish breakdown..........................trgts 4035
AMARAJABAT To resume its downtrend....................................trgts 501
BAJAJHLDNG Likely to conquer new highs.....................................................................
BEL Likely to trend higher...........................trgts 246
ZOMATO's TOMATO Formation.................................trgts 60.
MGL Resuming its downmove.................................trgts 714