TREND FOR 29th JULY

Markets continue to be in negative zone & are below 5 & 10 EMA, thus the Nifty is likely to slip down to 5417, where it is likely to find it's bottom & on the upside may move up to 5553. Though long positions should be avoided till the markets give a positive signal, compulsive traders can take long positions in SUNTV for a target of 380, OPTOCIRCUI for a target of 310, GRASIM for a target of 2500, DISHTV for a target of 97, BAJAJHLDING for a target of 805, ABGSHIP for a target of 396.

                                                                    CHEERS !!!