We have said on 17th June 2011 that
"If this trend continues and Nifty brakes 5322 then 5177/5108 will be next target very soon."
And it happened next day 20th June 2011.
| Stock Name | Action | S/L | Pivot | T1 | T2 | T3 | T4 |
| BAJAJ-AUTO | Sell | 1338.67 | 1316.83 | 1289.97 | 1268.13 | 1241.27 | 1219.43 |
- Nifty is oversold in weekly and daily chart so, it may bounce back.
- Nifty is good above 5277 and target will be 5358 and S/L is 5177.
- Be careful and follow S/L strictly.
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