TREND FOR 13th SEPTEMBER

Technically the Markets are in negative zone being below 5 & 10 EMA, however, they have completed 50% retracement of the recent up move, thus the NIFTY may move up to 5032, on the other hand if the global cues continue to be negative it may plunge to 4720. Though long positions should be avoided in these uncertain times, compulsive traders can take long positions in ABGSHIP for a target of 400, ENGINERSIN for a target of 270, PETRONET for a target of 186, VIDEOIND for a target of 194.
                                                                                      CHEERS !!!