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Markets Allocation
100 % stocks
Top Mentioned Symbols
NIFTY 66% | 2 GODREJIND 33% | 1
xumit xumit GODREJIND, D, Short ,
GODREJIND: GodrejInd Short
12 1 0
GODREJIND, D Short
GodrejInd Short

The scrip has broken down at its support zone. One can go short with stop-loss of 289.

xumit xumit NIFTY, D, Long ,
NIFTY: Nifty Long
25 0 1
NIFTY, D Long
Nifty Long

The Nifty is trading at the bottom of the uptrending channel that started in Feb 2014. Also, it is near to the 50EMA line. Given that the long term and medium term trend is still up and short term is down, if at all the reversal has to happen, it could be at this point. Stop-loss can be kept at 8170.

xumit xumit NIFTY, D, Long ,
NIFTY: Nifty Long
16 0 0
NIFTY, D Long
Nifty Long

Nifty is now trading at the bottom of the uptrending channel. It is also at the 50DMA. If at all the short-term reversal has to happen, it is at this point.

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