TREND FOR 30th AUGUST

A spectacular rally has propelled the markets on recovery path, though technically it's still in negative zone hovering in between 5 & 10 EMA, thus the Nifty is likely to move up to 4961 & on the downside may slip to 4872. Long positions can be taken in FEDERALBNK for a target of 400, FINANTECH for a target of 811, GITANJALI for a target of 327, HINDUJAVEN for a target of 342, INDIAINFO for a target of 91, KOTAKBANK for a target of 509, MCLEODRUSS for a target of 295.

                                                     CHEERS !!!