TREND FOR 23rd AUGUST

The markets are still in negative zone being below 5 & 10 EMA but may have found it's bottom, thus the Nifty may move up to 4950 - 5044 & on the downside may slip to 4822. Long positions can be taken in JPASSOCIAT for a target of 75, JSWSTEEL for a target of 800, ONGC for a target of 300, PETRONET for a target of 182, POLARIS for a target of 157,RAJESHEXPO for a target of 115, SASKEN for a target of 125, TATACHEM for a target of 390.
                                            CHEERS !!!