5180-5195-5214 ARE THE RESISTANCE ZONE FROM WHICH MARKET WERE SOLD OFF MANY TIMES EARLIER.
MARKET MAY OPEN GAP-UP AROUND 5140; WILL TRY TO SURPASS 5150-5165.
HERE ONE MAY SHORT WITH A STOPLOSS 5185 (ONLY FOR INTRADAY; AND 5214 IN CASE OF POSITIONAL) THOUGH THE MARKET TREND IS BULLISH. WE MAY SEE 5100/5077 AGAIN FOR A SHORT TIME TO GO LONG.
TODAY, TRADING RANGE IS 5077-5185.
BUY ABAN OFFSHORE ON DELIVERY (IN CASH SEGMENT; ITS IN BAN PERIOD) AT 655-660, SMALL STOP LOSS AT 635, TARGET 722-30 WITHIN 5-7 DAYS
BUY TATASTEEL FOR A TARGET OF 490-497 IN THIS WEEK
