Not safe at present If market moves down this will easily cross below 700 And i dont expect this to cross 820 in near term So better to be side line with cash ie what i do as iam trading mainly in ABB...

forget to sell BHEL for 1 year it will touch 3500. why r you misleading investors?patience is must for investors, what will investor do with the money he got after selling BHEL? he will purchase another lower grade stock and shall loss his/her money it is better to stick with great stocks...

Why are you advising to book profit in BHEL. This stock will rise to 2600 in 6 months....

U R MR.GARDHAB DASS....HEHE..... WHY R U MISLEADING INVESTORS....BHEL WILL TOUCH 2600...TAKE MY WORDS....2600...

nothing doint just sell due to high PE compare to international player like GE, Siemens. Sell with target of 2100 in one week...

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i agree.. there can be some downside but i wont go to 3 digits.... near term it wont go below 2k recently i sold some of my stocks around 2400.... looking forward accumulate again on declines.......

strong resistance near 50DMAs would take it further down ...possible upside just because of CG space other stocks tending to move otherwise i.e. BHEL , L&T

Lets see what goes in i would rate to negative for week to come with below pivotals .....
R1:760 S1:700
R2:826 S2:650
...

looks so to me as well ..it hasnt gone much

looks to follow below pivotals
R1:2300 S1:2157
R2:2400 S2:1986

...

IDFC looks positive for the current rally with below pivotals
R1:154 S1:144
R2:191 S2:120

wat say ??...

for Medium term perspective start accumulating the stock..

R1:2250 S1:2157
R2:2400 S2:1923

...

ABB looks negative with following pivotals

R1:760 S1:700
R2:826 S2:650...

Outlook
As said above all 50,100 and 200 DMAs are far apart, and quarter results season has gone back, So dont see any scheduled news which could lift market above 5000 mark. The volatality index suggests that the furhter break down may occure and it would take Nifty to 4650 levels. Nifty touching its 100 DMA on 6Mth chart would take strong support around 4650 and breach below that doesnt seem in sight for now whereas upper end is highly resisted by 4854 levels.

Strategy
Nifty is expected to move in narrow zone with Negative bias, Strategy would be to short 4600PE and buy 4700\4800PE....

For last two weeks satyam taking nice support around 107 levels which is just below its 50DMA for 3 mth chart. this will jump to 120 in next bull run soon (1-2 weeks). ...