Keep Hold Nahar Spinning Mills Ltd touch 100+....

Overview: Today, Nifty may take support near 2760, 2750, 2735, 2720, 2700, 2685 and may face resistance near 2785, 2800, 2820, 2835.
Today, Nifty may take support at lower levels and try to move upwards from lower levels by taking support inbetween 2760-2735 support area. As long as Nifty stays above 2720, there will be chance for bounce back and upward movement. In case if Nifty falls below 2720 and start sustaining there, it is not safe to hold long positions or take long positions.

Stock Tips:

1. INFOSYS : Buy this stock at lower levels or on declines near 1228, 1224, 1220 on evidence of support and bounce back for targets of 1235, 1245, 1255. Keep stop loss at 1215.

2. RELIANCE : Buy this stock at lower levels or on declines near 1280, 1275, 1270 on evidence of support and bounce back for targets of 1290, 1305, 1320. Keep stop loss at 1265.

Note:- It is always safe to trade in the direction of the Market. Take long positions while the markets are recovering or moving above and take short positions when the markets are falling without signs of recovery. Always follow stop loss levels strictly.

DISCLAIMER:
1. The group owners do not have any interest or positions in the above mentioned Stocks.
2. The Stock Tips and recommendations given in this email news letter is for information purpose only. No representations can be made that the tips given here will be profitable or that they will not result in loss.Trading involves considerable risk. The Tips in our news letter are given with the understanding that readers acting on this information assume all the risks involved and that they are trading at their own risk. The above recommendations are based on the theory of technical analysis and they do not reflect the fundamental validity of the stocks/securities. we shall not be responsible for any loss incurred for acting on the tips given above.