HDFC Bank should find a support around 1420.
Indus shouldn't break 981.30, below that you can expect following levels 981.30-952.85-931.20
With the formation of Double Bottom, Asian Paints is likely to start its upmove again
Buy between 1535-1605... Time 6-7 weeks. Weekly tend downward Stop loss 2175
Very High RSI and ADX. Bajaj Finance is likely to consolidate now.
Likely to test 1443 in short term. Weekly chart is still strong and up move expected till 1730
Friday's move of BajFin was little disappointing considering movement of Future Price. This may be beginning of end of bullish run which started post Budget. 5800 is expected post little consolidation.
Double Bottom indicating trend reversal.... Expect following levels in near term .. 5180- 5489 - 5989
Lots of people had expectations that nifty would fall back to 8000 level but that's not going to happen in near future unless a major unforeseen deterrent hits the market.
RSI in RIL is giving indication to buy however it's likely to cool off bit more.
Buy after it closes strongly above 1386 to earn some money
Trend Reversal expected. Elliot wave 3-4 almost complete. Will start heading towards 402.40- 461.05 soon.
With this momentum, it can touch 4185 in September.