Key take aways
- Chart of the Week: INR; breaks below a triangular consolidation, move should now test the previous low at 44.05, once broken targets till 42 open up
- Nifty continues to walk upwards on its weekly Bollinger Bands
- Nifty the price-volume signatures look very healthy
- Bank Nifty should continue its move towards 12500-13000
- Stocks with positive short term bias
§ Reliance, Maruti, DLF, GIC Hsg, ICICI, IDBI, L&T, Siemens, Rel Com, Bharti, Ranbaxy,
Infosys, Rolta
- Stocks with negative short term bias
- Crisil, Divi’s Lab, Idea
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