Is the market in a bearish Mode?

Dear All,

 

Yesterday market was very dicey, it opens on positive note, and then it fall down rapidly. Again it touched the opening levels, again went down. Total move for the market was 150 points. 

 

What was  the reason? Reason is only traders wants to make money, and it happened, today also market will remain dicey, and traders will make the profit, if you remain stock specific market will give you a good gains, but be careful while trading with Nifty and Bank Nifty any time it will change its direction!

SCI and Hero Honda, Titan, Bosch, SBIN, Hexaware, Infosys will provide you a profitable trade!!! These stocks will move in one direction with either up move or down move, so watch out our intraday Strategy..   

  

Nifty Supports: 6124 - 6101 - 6062

Nifty Resist: 6181 - 6200 - 6234

 

Intraday Stocks:

1. Dewan H Fin: Short Position, Bearish Kicker
2. Advanta: Long Position, Double Bottom

F & O Stocks:

1. 3i Infotech: Short Position, Key Reversal Pattern at top
2. ALBK: Short Position, Bearish Engulf
3. AndhraBank: Short Position, Down Flag breakout
4. Bajaj Auto: Long Position, Risky Trade
5. Bank Nifty: Short Position, Bearish Kicker
6. Bhartiartl: Short Position, Bearish Kicker
7. Hexaware Tech: Short Position, Key Reversal Pattern at top
8. SCI: Long Position, Double Bottom
9. Titan: Short Position, Key Reversal Position at top

Delivery Stocks:

No Stocks

 

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]http://niftyweeklyoverview.blogspot.com/

Aabhineesh Total Solutions.1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
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