>>>NIFTY<<<
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Nifty not giving up even after breaking out of channel, raises concern about bears strength. 5640 Support and 5665, 5690 and 5720 Resistance should decide the trend in coming days.
>>>HINDALCO<<<
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Earlier Last week we had a Call on Hindalco Short - Which did not perform well. Even after breaking the main channel as shown on chart - not able to fall. So we covered our Short on Cost.
>>>TATA STEEL<<<
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Tata Steel we had a Short Earlier - Covered with good Profit. Right now Tata Steel 392 which was its Previous Low and 389 act as a good support as shown on chart. Break below these levels may invite good sell off.
Lets get ready for the Interesting Expiry Day tomorrow. Cheers!!!