Thursday, October 7, 2010

Nifty short term weakness creeps in


  • Chart of the Day: BSE Metal index short term weakness creeps in, mean reversion setups emerge, 17000-16500 is the target range, TISCO looks weakest among the lot
  • Nifty crucial weekly close ahead, short term weakness expected 6223 remains a short term double top
  • Stocks with positive short term bias

§      Aptech Ltd, Praj Ind, Andhra Bank, BHEL, Infosys, Maruti, L&T

  • Stocks with negative short term bias

§      Idea, TISCO, Sesa Goa

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