As per the view of Wealth Bazaar Financial Managers from wealthbazaar.in, Sensex is likely to face resistance at 19400- 19600 & the stoploss for the shorts to be placed at 19700
Stocks to watchout for :
If markets remain stable & in a uptrend, there could be a possibility of sharp jump in midcap banks like UCO Vank , City Union Bank, Yes Bank, dhanbank and dcb as the bigger banks have done their move like SBI, ICICI Bank made a low of 960 odd
Stoploss 19700 on closing basis.
Similar chart for Nifty gives a stoploss of 5900.
Alongwith I am posting some pictures of winning moments of Great Indian team & we should feel proud of India winning the famous World Cup 2011
Regards
Mayank Gupta
Wealthbazaar.in
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