CHINA DOWN BY 4%

Nifty trades above 4203 are good for bulls and below 4286 favours the bears.
RIL trades above 1771 are good for bulls and below 1741-43 favours the bears.
ONGC shall not trade below 906 good for buying above 923 very good above 928.
Infosys shall trade above 1935 for buying and stop loss @ 1921-23.
RCOM is good for short below 497, good for buying above @ 516.

Focus on large caps

It seems RCOM could cross 505, SAIL could see lower levels. So long nifty stays above 4216-18 no shorts even the market is stock specific.

Be stock specific with positive bias.

A negative move can be seen in stocks like SUN TV, media and telecom sectors due to political developments.

Focus on Jet, ONGC, and RIL. RIL strong above 1593 and buy M&M at current rate for short-term target of 763-765 with a stop-loss at 690-691 range.
SAIL is strong above 135, sell below 134. Tata steel results can change the direction of the scip until the range bound with positive bias above 561+
For stock specific calls visit www.gainfulstockcalls.blogspot.com

Positive move in the offing

Positive move can be seen as the Global cues are positive bias and the yesterday late move can add strength in the morning with positive in Techs..
Keep an eye on GAIL, RCOM for up move, late selling in the afternoon cannot be ruled in RIL and Bharti and in metals

For Nifty levels visit: www.stocksdoctor.blogspot.com

A mixed trend, Stock specific.

The Global clues are week and India carrying the weakness for last 3 days. Late recovery a possibility.

The metals may loose the bottom. Sail & Sterlite may see southwards. Sell Sail below 135.5 stoploss at 137. Ster stoploss at 548-549. ITC stoploss 162.5

ICICI may find bottom support if it trades above 835.
For Nifty levels visit: www.stocksdoctor.blogspot.com

Sail with Sail

Sail is a good stock to buy at 112