The Effective started out and kept flattish for most of the day. It came failing down in the last two time of dealing as it could not maintain yesterdays up shift. Today's current down shift has designed a bearish (negative) candlestick keep design. Therefore that there could be further down part. Our lengthy roles would have got ceased out these days, and since the Effective could shift down further we should be brief on the Effective with a stop-loss at 5324.



"Sureshot Intraday Tips"

Positional Pick


STERLITEIND (LTP: 113.25) - SELL
For present-day business, brief place can be started only in Rs.117-120 variety for a focus on of Rs.107-105, with a ending centered stop-loss of Rs.122.

Intraday Picks


AXIS BANK (LTP: 1185.2) - SELL
For present-day business, brief place can be started only below Rs.1180 for a focus on of Rs.1150-1130, with a demanding stop-loss of Rs.1194. Investors are recommended to prevent day whipsaw

BANK OF INDIA (LTP: 358.8) - BUY
For present-day business, lengthy place can be started only in Rs.351 -348 variety for a focus on of Rs.364, with a demanding stop-loss of Rs.344.50. Investors are recommended to prevent day whipsaw.

CAIRN (LTP: 360.2) - SELL
For present-day business, brief place can be started only in Rs.366-370 for a focus on of Rs.355-350, with a demanding stop-loss of Rs.374. Investors are recommended to prevent day whipsaw.