TREND FOR 28th JULY

Markets continue to be in downtrend & are below 5 & 10 EMA. The nifty is likely to find it's bottom at 5500 & on the upside may move up to 5590. Long positions can be taken in TITAN for a target of 338, OPTOCIRCUI for a target of 311, MADRASCEM for a target of 102, INDUSINDBK for a target of 292, AMTEKAUTO for a target of 174, ABGSHIP for a target of 400.

                                                    CHEERS !!!