Posting Nifty Intra Chart
Clearly volumes have gone for a toss and Nifty seems to be struggling just to stay above 5200.
A breakdown from this consolidation can give sub 5200 levels today itself.
HDIL: well stepping into reality sector stock specially HDIL is a bit risky but still I'm looking into 261% level which is coincidentally 261.8 for HDIL, If some volume strength is seen around these levels it would turn out to be amazing buy. Any WRB on the upside is a buy but don't short at this level.
Hope you liked it.
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