Flashback
1) Readers who went long at nifty buy level would have got 75 points on upside.
2) Readers who went long in Renuka at 141 (which tantalizingly came to 139.15 which was near stop-loss level) would have booked 10 points
as the stock zoomed to 153.
3) Readers who went long in HDIL would have had the opportunity to book 15 points as the stock zoomed to 281
4) Readers who went long in Bharti Airtel would have the opportunity to book 40 points.
Bull Level
In the scenario of nifty future crossing 4703 buy at retracement to 4685 with stop-loss at 4655 for targets 4715, 4740, 4760, 4800.
Bear Level
In the scenario of nifty future breaking 4580, short at retracement to 4610 with stop-loss at 4637 for targets 4560, 4540, 4530, 4485.
ABAN - Getting support at support
Today ABAN got support at the critical level of 960 and moved up from there. We can expect the momentum to continue tomorrow.
For friday trading, in the scenario of aban crossing 1092, buy on retracement to 1075 with stop-loss at 1040 for targets 1130, 1170, 1210, 1250
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