Not having a position is also a position

Nifty is still showing ranged moves with volatility and choppiness. The best way to trade this market is not to trade. Protection of capital is very important for traders.
In fact instead f " Stock Market " it has become " Market of Stocks"as we are seeing stock specific actions.
HCL TEch has hit the target mentioned bu us.

Ranbaxy and Tata Elxsi are consolidating . Keep these two on your radar and if they come near 20 DMA then they become a buy . Tata Elxsi looks interesting wih support zone near 220-230 and resistance at 270-290 zone.Ranbaxy lab has supports at 490. One should wait for the trade to come at them instead of rushing to buy .