Wipro

Wipro :
 CMP 462. Buy with a stop loss of 458. 
Repeat trades if required....  Catch August futures accordingly

Cairn India- Ready for a blast????

Cairn India Ltd:
August futures Previous close 315.
The only level we are interested is 312.
Hold longs in this counter with a stop loss of 312.
Expecting a target of 340-350 by expiry (29th August)

Reliance Capital- Ready to dive????

Reliance Capital:

August Futures Previous close 312.

Wait for this counter to trade below 305.

Any trade below this level, short this counter and take a stop loss of 310.

If stop loss triggers, Repeat the trade with the same band........

Any trade below 305-302 levels will open the doors to 220 in few days.......

Ambuja Cements:

Ambuja Cements:
August Futures: Previous close 163.
Any rise, sell around 165 and maintain a small stop loss of 168....
This counter if trades in the negative direction will crash to 135 in the coming days.....

Kotakbank

Kotakbank Aug futures cmp 622. Sell with a stop loss of 629

TATA Communications- Worst is over......

TATA Communications:
August Futures previous close 164.8.
Any dip, a good opportunity to buy this counter.....
Maintaining a target of 180 in the coming days.....

PNB- No shorts please.............

PNB:
Previous close 537.
This counter is having strong support around 520 level......
Any dip, buy this counter between 530 and 525........
Catch August futures accordingly....

UCO Bank

UCO Bank Futures:
Tweeted to sell at CMP 57.5........
Expecting a target of 48-45 in the coming days...

Trend Changes in Financial Markets: 7 Key Market Calls
A record of spotting major market turns most investors miss

By Elliott Wave International

Elliott Wave International is dedicated to helping subscribers anticipate the next major market turn. No, we don't always "get it right" - yet the examples below speak for themselves.

1. In 2005, EWI called the 2006 real estate turn.

Some say real estate can't go down because far too many people are concerned about a real estate bubble, a worry that is now even greater than it was for stocks at the March 2000 NASDAQ peak ... it is actually another sign of a top when participants are dismissive of the warnings.

The Elliott Wave Financial Forecast, July 2005

House prices peaked in July 2006. By April 2012, the Associated Press reported, "Home prices have fallen 35% since the housing bust."

2. In 2007, EWI called the stock market turn.

Aggressive speculators should return to a fully leveraged short position now. We may be early by a couple of weeks, but the market has traced out the minimum expected rise, and that's enough to act upon.

The Elliott Wave Theorist, Interim Report, July 17, 2007

Those aggressive speculators were rewarded. From an Oct. 9, 2007, high of 14,164, the Dow Industrials tumbled to 6,547 by March 9, 2009.

Read more

IndiaBulls Real Estate...

IndiaBulls Real Estate:
Aug futures CMP 58.
Sell it. Expecting this counter to crash to 55....

M&M- Last Hope.....................

M&M:
Struggling to hold the level..... Today will it break????
Previous close 871.5.... Last and final hope 865...
If breaks this level, Sell August futures and take a stop loss of 872 in the underlying.,.....
This will be the band we are interested in today's trade....
Any trade below 865 will take this counter to 825-810 levels in no time....