Nifty levels of 5250 still hold the key.
Subsequent levls where it can take a breather r 5230,then 5195.
Below which some weakness can percolate upto 5140 .
But there cud b some cheer note due to good numbers posted by Infy for the 3rd quater
Another concern is Crude trading above 200 EMA for 2 trading sessions(i.e. its costly as of now)
Anywayz, ABB & Dlf look strong for couple of weeks. Buy them on dips.
Short-term pick : BlueBird
Taking profit off the table is also an art during mkts looking weak. So watch out!
Cheers.
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