Wednesday, August 25, 2010

Most of the global markets are trading below 200 DMA

Most of the global markets including the big brother Dow Jones are trading below 200 DMA. Will our market follow them ? Well, only time will tell but at present 5450 is a crucial support.

There are some stocks which are very good on charts and every dips should be used to buy them.
Zydus wellness and Castrol we have talked about them many times are still in long term uptrend .
Similarly Bajaj auto and TVS Motor.


Tvs Motor has support at 140 and resistanc at 160-170 .
Pirmal health has support at 505 and resistance at 540-547

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