Reliance new 52 week low, Nifty new 52 week high. Strange ?? Short Nifty near 5520-5525 with stoploss of 5555 on closing basis. Keep booking profits and dont be leveraged. This might be a trap.

 
Stock View: Ds Kulkarni

The Stock has been consolidating between 70-77 odd levels since last month and is expected to break this range soon. Buy Ds Kulkarni at current levels of 76 with stoploss of 72 on closing basis and look for targets 80/82. Real Momentum will come only if stock crosses/closes above 80-82 range then new buying can also be intiated for revised target of 90.

Have a nice trading  day

Regards

Ankit