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CNX Nifty has reversed after a 5 day fall

Nifty has reversed after a 5 day fall...this up move may last for another 3 days...again 7612 is an important point of major upward reversals...till that time we may be volatile...we need to cross 25414 on Sensex, 15240 on bank nifty 11100 on MidCaps 3875 on PSU Banks, 3780 on PSE and 5390 on small cap indices...till that time we will see on sell on rise after many days advances were above declines which is very important strength...quality stocks like Mahindra & Mahindra Finance can be bought for and upside target of 275...cmp 250 stop for this trade is 240...

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