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Heromotors back to Pre-Covid levels,
They sold 500k+ units in January,
last month 100k+
if this month sales volume doesn't catchup to Jan levels or YoY, this is good #Short trade to do.
Nifty has broke out above 9400 which was trend line resistance from 2008 long term monthly bottom trend line of the channel. Targets 9950-10000 in a week or so.
Stop loss for this breakout can be in the range 9280-9380
NIFTY50 at multiyear trend line resistance around 9360s, likely to reverse down here.
Gap down n fall till 10:30
retracement up move upto 1PM
1PM fall to make new lows.
Govt seeking restraint on RIL stake sale to Aramco
Reversal here below 1590 should take it to 1579,1555
Reliance will invite some volatility on the downside, Short on the breakdown.
only major Nifty stock haven't gone down yet.
I think Selling Nifty above 11750+ immediately, If rises above that close to 11900 is a sell zone.