TREND FOR 16th AUGUST

Markets continue to be in negative zone, being jittery & confused as to which direction to move, much depends upon the global factors. Thus the Nifty may move up to 5140 - 5227 & on the downside may slip to 5050 - 4975. Long positions can be taken in INDIACEM for a target of 88, AMBUJACEM for a target of 145, BRIGADE for a target of 91, CHENNPETRO for a target of 232, TATACHEM for a target of 390, RAJESHEXPO for a target of 115.
                                                               CHEERS !!!