HARSHLY SHORTED NIFTY MAY CONTINUE ITS DOWNWARD JOURNEY TILL 4766 LEVEL,MAY BOUNCE A BIT FROM THERE.BUT INTRADAY TRADERS MUST USE THE SHORTING OPPERTUNITY AT EVRY RISE TILL 4860 WITH MUST QUIT POINT AROUND 4880.NIFTY HEAVY RELIANCE & OTHER BIG B WILL BE SHORTED NOW AT EVERY BOUNCE.LOOK LIKE IT MAY REST AT 200DMA 4650 MARK,IF IT BREAKS 4750.FEW PICS ARE
(1)BAJAJ HINDUSTHAN:BLW 187.50 GO DOWN TO 184-83 SL 190.50
(2)TATA POWER:ABV 1281 TGT 1290-92---BLW 1271 TGT 1262-60
(3)SASKEN:BLW 175 TGT 171.50-170.50 SL 178
(4)SUN PHARMA:ABV 1505 TGT 1515-17 SL 1495----BLW 1492 TGT 1482-80 SL 1502.