Bull Level
In the scenario of nifty future crossing 4650 buy at retracement to 4630 with 4610 as stoploss for targets 4675, 4700, 4740.
Bear Level
In the scenario of nifty future breaking 4525, short at retracment level of 4540 with stoploss at 4560 for targets 4505, 4485, 4470.
For the entertainment of Bears
Mcdowell is not able to sustain above 1000. If market turns weak tomorrow, it will come under heavy attack from bears.
For monday trading, short mcdowell at retracment level of 955 with stoploss at 975 for targets 925, 900, 885
For the eyes of bulls only
Bharti Airtel put in a subdued performance last week. This week , if nifty sustains its upmove, expect airtel to outperform.
Crossing 841 in future, buy airtel at retracement level of 825 with stoploss at 808 for targets
855, 875, 899. This will be a positional trade.
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