Banknifty/Nifty/Stocks

GOOD for BUYING
Dabur
Torntpharma
Glenmark
Piind

Bullish stocks above these levels:
ACC 2356
Amarraja 532
Ambuja cem 448
Exide 167
Fsl 113
Idea 9.65

Banknifty pe 39800 is strong above 367

Banknifty pe 39800 is strong above 367

Sell nifty future 17700
Sl 17750
Target 17650/600

Majority of  IT STOCKS ALREADY IN BEARISH VIEW UNTILL THEY ARE BELOW:-
Positional view
TCS 3200
WIPRO 415
LTI  4600
LTTS 3700
MINDTREE 3300
MPHASIS 2160
PERSISTANT 3560

Out of 197 stocks futures 97 has been in downtrend and 97 are in uptrend for September month only 3 are in neutral mode

Weak stocks for the September series
Reliance
Upl
Sail
Vedl
Jspl
Hindalco
Tatachem
Tatasteel

Nifty FUTURE VIEW:
17480 will be a major point to decide the major trend. A sustainable move below 17480 will strengthen the bear move in comming days.
On the upperside 17660 and 17830 will be resistance.

BANK NIFTY FUTURE VIEW:-
39000 will be a major point to decide the major trend. A sustainable move below 39000 will strengthen the bear move in comming days.
On the upperside 39400 and 39800 will be resistance.