Interest rate sensitive related sector were hammered down in this recent correction. This is also a space where shorts have been built up. Short covering is bound to happen . Therefore, Banking, Auto and to some extent Realty will move up in coming trading sessions.
Tata Motor has support at 670 and resistance at 820. On charts it shows ready to resume its uptrend and may vroom up to 800- 820
Tuesday, February 2, 2010
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