24, April,
NIFTY, 3573.05
It seems that Nifty could move towards 3650 region shortly and a sharp move towards 3600 would confirm it. Hold your long positions with a stop at 3530 region. If the region 3530 is violated, then it could test 3450 region.
As previously mentioned, the trend continues to be bullish. If the region 3600 is cleared on Monday, Nifty could move towards 3750-3800 levels in few trading sessions.
Revisiting my earlier recommendations, ITC,and Tata Motors have achieved their respective targets. SBI has hit the stoploss. One can re-enter SBI (916), if the level 910 is not violated. Previously, I have mentioned 3150 as stop for Infosys (3301.70). But now, the stop can be kept at 3220.
