RELIANCE AND R-CAP :: LEVELS TO WATCH

For the coming week or so,,Lrsen and Bhel looks stronger than many other pivotals,but since ,my focus is on the downside,i will be keenly watching,resistance levels and resistance zones,for rather weaker pivotals.

Since the short-med.term direction has changed to a little bit on the negative side,our approach,

should be to sell the rallies,but we cant sell on rallies in the stronger stocks,we must pick-up weaker stocks and their to ,weve to find resistance levels,upto which the rallies can be termed

as WEAKER RALLIES.

THIS has clear adnantages,,as if markets turn too positive,than selling in stronger stocks can even become fatal for us,,on the other side if markets move down as per our analysis,we get lot of benefit in selling the weaker stocks.