Nifty Intraday & Technicals September 29th

NIFTY - the market should move in an overall downtrend and stay negative 

Buy at / above: 4952.64   Targets: 4967.76 - 4985.39 - 5003.05 - 5020.75 Stoploss: 4935.06
Sell at / below: 4935.06   Targets: 4919.97 - 4902.45 - 4884.95 - 4867.49 Stoploss : 4952.64

HDFC - sell @ higher levels to be safe but the stock sure looks like a short for today

Buy at / above: 637.56   Targets: 643.56 - 649.92 - 656.31 - 662.73 Stoploss : 631.26
Sell at / below: 631.26   Targets: 625.31 - 619.07 - 612.86 - 606.69 Stoploss : 637.56

SBIN - has now formed a bearish engulfing pattern - 

Buy at / above: 1980.25   Targets: 1990.39 - 2001.56 - 2012.75 - 2023.98 Stoploss : 1969.14

Sell at / below: 1969.14   Targets: 1959.04 - 1947.98 - 1936.96 - 1925.97 Stoploss : 1980.25