7 APRIL, NIFTY 3510.90
Nifty is about to test 3600 region in few trading sessions. A short-term correction can be expected around 3600-3650 region.
Tcs seems to be heading towards 2050 region in few trading sessions. Buy with a stop at 1900.
Satyam could test 900 levels in few trading sessions. The stop for the longs is 840.
ITC is heading towards 215 region. Buy with a stop at 200.
Bharti has potential of testing 450 region in few trading sessions. Buy with a stop at 405.
Note: -If the level that I have given as stop-loss is hit, it doesn’t mean that the trend has changed. We are closing the position below the stop-loss only because to take some time to watch the market and to redraw our technical outlook and strategy.
