Next week, the nuclear deal is an important event and on this Sunday Mukesh Ambani, Chairman of Reliance Industries will announce the production of oil and gas which will be another big event. The above mentioned two events will help market remain strong.

SELL SBIN 1592 S.l 1625 tgt 1540-1518
SELL LT 2737 S.L 2780 tgT 2652-2618

BSE 14,555 is an important level to hold the market. Below this level market is weak upto 14,350 and 14,150. Here I want to mention that 14,786 level is the most important level to come out of bear and volatile markets. Until this level is not crossed we would face volatility and stock specific movement.
ADAG group stocks and banking stocks both private and PSU were ruling on Friday. But I feel one must book profit on every rise until above given safe level of 14,786 doesn`t come.