Wednesday, 30 November 2011

Stock Views.

Stocks like ICICI Bank(717), Tata Steel(383), L&T (1257), Relcap(278) are looking weak.

Further sell-off is expected in these stocks in the next few trading sessions.

Global scenario is looking weak.It is more likely that we may break the support of 4739 on Nifty.

Rather than sitting on the sidelines one can buy 4700/4600 puts.