Expected bullish stocks:
Tata Chemicals, PNB, Videocon, Jain Irrigation, UCO Bank, SBI, PTC, RCF, HDFC Bank, REC, ONGC, Allahabad Bank, Dena Bank, Kotak Bank, Ranbaxy, Educomp, M&M, Reliance.
Expected bearish stocks:
Jai Corp, Reliance Infra, Sun Pharma, Patni, ABB, Reliance Power, NTPC, India Cements, LIC Housing Finance, DLF, Reliance Capital, Cipla, Reliance Communications, TCS, ACC.
Tata Chemicals, PNB, Videocon, Jain Irrigation, UCO Bank, SBI, PTC, RCF, HDFC Bank, REC, ONGC, Allahabad Bank, Dena Bank, Kotak Bank, Ranbaxy, Educomp, M&M, Reliance.
Expected bearish stocks:
Jai Corp, Reliance Infra, Sun Pharma, Patni, ABB, Reliance Power, NTPC, India Cements, LIC Housing Finance, DLF, Reliance Capital, Cipla, Reliance Communications, TCS, ACC.
The possibility is looking very strong given the fact that we have sustained today's gap up opening and also the fact that the world markets as well as the base metals commodity complex is also looking good enough and it is holding onto its gains which we have seen for today's session. So yes, 5450 can be taken out but you could just have a couple of days of range bound trades between 5450-5500 and once you get past 5500 which is a key level for me, then you have 200-250 point move on the upside for Nifty.
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