Be Cautious @ higher levels as markets are highly overbought. Rally might fizzle out within 24-48 hours, keep a stoploss of 5900 on closing basis.

 
Stock View: Financial technologies


This is a daily chart of Financial Technologies and as you can see there is a trendline resistance and multiple tops around 1430-1450, once this gets cleared you may get to see a rally of 100-150 points in this counter. Buy Financial Technologies at current level of 1420 with stoploss of 1390 on closing basis and look for targets 1510/1550 in 2 -4 weeks. Momentum only above 1450.

Stock View: Tata Motors

This is a daily chart of Tata Motors, and as you can see there is a rising wedge formation on the charts which is a bearish signal. Sell Tatamotors below 1010-1015 with stoploss 1035 on closing basis and targets of 980/950 in short term.

Have a nice day

Regards

Ankit