Flashback
Adlabs rocketed its way to 351 before triggering stoploss of 324. Once it triggered stoploss there was a violent fall to 309.
Reliance Infra moved to first target.
For wednesday trading
Bear Level
Short nifty future on retracement to 4207 with stoploss at 4253 for targets 4130, 4094, 4055.
Bull Level
Buy nifty future at 4055 with stoploss of 4025 for targets 4094, 4130, 4180.
Trouble Series is back - HDIL
HDIL has been quite the star of this rally with a more than 300% rally. However from charts it looks as though time has come for hdil to take a breather.
For wednesday trading short HDIL on retracement at 289 with stoploss at 301 for targets
265, 253, 247.