NIFTY WEAK BELOW 5070. GO SHORT – BEATDSTREET
Nifty is weak below 5070 and one can go short positionally with a target of 5035-4995. Keep a stop loss of 5124 on the trade.
HDIL FUT is good to sell below 311 for a target of 305 in intra day. If it breaches 305 and stays below that with volumes, then it is headed for 297-290-278. Keep a stop of 320.45 and trade.
HDFC Bank is making an effort to touch 2700-2720 in intra day today.
JSW Steel FUT is in a break down mode and can hit 1165-1148
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