TREND FOR 7th JULY

Though the Markets are technically still in positive zone being above 5 & 10 EMA, but manifestly it is preparing to take a bit of a dip, thus the Nifty may retrace up to 5572 whereas the upside appears to be capped at 5658. Long positions can be taken in ULTRACEMCO for a target of 1050, UNITECH for a target of 41, RAMCOIND for a target of 48, KEC for a target of 95, HAVELS for a target of 450, BHARATFORG for a target of 370.

                                                                CHEERS !!!