At current situation, I am very bearish on the market, the pullback is only a short covering rally and not to be read as uptrend. You can start shorting my darling falling script adlabs with a target of 600 on the downside. Please donot forget to keep stoploss of 687.
If stock goes up and then donot post criticizing messages on me. The calls what i am given are based on are using fundamentals, Market current outlook, US, Asian and european markets outlook and techinicals.
Please donot short without stoploss of 687 and on the downside expect the target of 595 to 600 within 1week maximum.
Disclosure: 30 lots short at current levels with stop loss of 687.
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