Market Overview : After a long time market give fully functional rally and Nifty Manage to close above it's crucial level of 3200 Now question in everyone mind How long this rally is sustain? The answer is little confusing. The put call Ratio is massive 2.5 and it's a all time high so it also favor of bull and it is capable to take Nifty to 3400 to 3500 level. So it's a better idea to watch market reather then go against market movement ans think to short at current market situation almost all stock give positive divergance and especially ADAG group and steel stock are giving strong rally, so becutious to selling this stock. We expect rally goest to 3750 to 4200 level before election result so hold your long position and avoid short. Below is a few stock that are continue to do rally:
RELIANCE : target for this stock is 1740 to 1800
Larsan and Tubro : It has a space to go for 740 to 780
RCOM : above 200 it capable to cross 232 and jump to 262 level also.
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