Bullish stock picks
UltraTech Cement Ltd share today closed at 1950 flat negative.today ultratech share hit high near 1970 while low was 1940.trend and momentum still bullish from short term perspective.for monday expect continuation and stay long for targets of 1980-2000 with stoploss of 1930.
Motherson Sumi Systems Ltd share today closed at 198 with almost 1% drop.today motherson sumi share hit low of 196 while hig was near 200.for monday look like reversal coming and buy near support 195-196 with stoploss 190 and expect 205-208 in intraday.
Bearish stock picks
Siemens Ltd share today closed at 638 with more than 1% loss.on chart look weak and slipped below major support.today we seen low of 636 while high was 654.for monday go short in between 640-645 with stoploss of 652 and expect 620-615 on lower side.
Wipro Ltd share today closed at 404.3 with gains of 1%.today wipro share made low of 401 while high was near 408.on monday expect downside rally and must stay short here as short term trend is weak.go short near 408-410 with stoploss 416 and expect 398 to 395 on downside as targets.