Nifty Future:

From today, Nifty can do Range Expansion as support Line and neckline of H& S is broken:

Short around 5390 with SL at 5412. TGT 5300 – 5245 – 5210

Buy above 5412 with SL at 5385. TGT 5445 – 5475 – 5500

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Short Divis Lab around 774 with  SL at 782. TGT 750 – 735

Short M & M around 610 with SL at 617. TGT 580 – 570

Note: If stop is takenout, then Trend Reversal will take place.

Happy Trading

C T Ramesh Raja