Market breadth is looking weak and you will get opportunity to short
at higher levels, around 6080 to 6100
SL - 6120
Target - 6040, 6020, 5980
Avoid Reliance for the time being as we see shorts being at higher
levels. You can short it for targets of 900, 880 and from there you
may again start seeing buying interest coming.
HUL has 200 DMA at 495, if it is able to hold this level, then it
can reverse, else you can get the targets which have been given.
at higher levels, around 6080 to 6100
SL - 6120
Target - 6040, 6020, 5980
Avoid Reliance for the time being as we see shorts being at higher
levels. You can short it for targets of 900, 880 and from there you
may again start seeing buying interest coming.
HUL has 200 DMA at 495, if it is able to hold this level, then it
can reverse, else you can get the targets which have been given.
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