Aban Offshore Ltd – SELL

At – 827.25

Tgt – 823.45, 820.35

SL – 831.20

Tata Steel Ltd – SELL

At- 621.25

Tgt – 616.20, 613.60

SL – 627.50

Buy - POLARIS SOFTWARE LTD -

At – 173

Tgt - 190.25,205.10

SL – 165.20

Buy ACC CA-1040 ( 28 Oct)

At- 4.25

Tgt- 5.25,6.10,6.60

SL – 4.22

Nifty future as expected moved downwards after facing resistance at 6140 levels. Nifty future may continue to remain in this range of 6050-6200 until it breaks on either side. Support for nifty future is at 6050/6000 levels and resistance is at 6180/6250 levels.

Bank nifty future as expected moved downwards after facing resistance at 12500 levels. Bank nifty future may now further move down towards 12250-12180 levels if trades below 12330 levels.What will happen if reaches 12540, what will happen if falls to 12236-12210, more updates to subscribers on market.

Expected Bearish Stocks - ONMOBILE, LUPIN, PATNI, APIL, RECLTD, IBREALEST.