Few Stocks View

Icici Bank, Tata Steel, Maruti have closed above their "Day High Ema"
suggesting upward momentum in them.
Other stocks are holding their supports.
A move past 2185 will propell SBI higher.
RIL has closed below its low ema and it must protect
1065-1070 zone for a reversal from here.

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Tata Motors, Maruti & Tata Steel.

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RIL & Rel.Cap-Critical levels to cross.,if not..

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Banking stocks - a pause before up..

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Maruti & Tata Steel..

Maruti has built a base around 1405-1415..if holds, it is set for a rally.

Tata Steel, if holds 625-630 zone, may start its 5th wave soon..

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Reliance & Rel. Capital on verge of some big moves..

Look for confirmatory break outs and follow the prices.

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Banks rally to continue..

The rallying bank stocks to face the channel resistances.
SBI is likely to start it's rally today,
being a heavy weight...does it slowly..

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Tata Steel

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Reliance & Rel. Capital

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Banking sector View..

Technically the Index is in firm downtrend with Oversold readings in the daily.
Its ability to hold the supports mentioned may result in a rally, the quality of which(Volume) will determine whether it will be a reversal or a pause in the days to come..

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