TREND FOR 12th JULY

Markets as expected have entered negative territory & thus the Nifty is likely to retrace up to 5570 & on the upside may move up to 5544. Preferably long positions should be avoided till the Markets completes it's retracement, however compulsive traders can take long positions in THERMAX for a target of 642, MANGLMCEM for a target of 126, GSPL for a target of 106, DISHTV for a target of 97, BOMDYING for a target of 420,AMTKAUTO for a target of 175.
                                                               CHEERS !!!