M&M is trading at a resistance, Short sell opportunity exists

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1. Stock At Resistance: Short sell Vijaya Bank Future near 55 to 56, Target 51 level, Poor Q3 Results Vijaya bank has declared its Q3 results on Wednesday and this quarter was a lag for the bank. The Q3 profit of company has declined by 18% to Rs.124 crore against Rs.152 crore in same...
2. RELIANCE Stock for Short Term Trading: Short Sell Reliance Ind November Futures at 885 for Target 863 Reliance industries for short term trading: Reliance industries didn’t perform well in last 1.5 years as it was struck in range, a negative breakout on the stock below 888 was confirmed on 17 June 2011...
3. Short Selling Opportunity in ICICI Bank, Stock has Resistance near 760 Zone In the recent down fall, ICICI Bank has given a negative breakout and stock has underperformed Nifty futures. This downside breakout below 765 support level (50% Fibonacci retracement level), is now turned into resistance and...
4. Next Strong Resistance for Nifty futures at 4960 level, Short Selling Opportunity Nifty future last week bounced from very good support level, but this bounce was a technical bounce and fundamentals had not changed at all. I am still of the view that nifty will be add...
5. Nifty Future Major Resistance at 5000 level, Short Selling opportunity in Nifty Futures December Series An increase in US Dollar liquidity by group of major Central Banks, has given very good surprise by reducing over night swap rates of USD by 50 bps. This has led all the stock markets...