Res Levels

Short setups for bears
levels 4610-4620 gap fill area
next old high that gave res 4710-4720 area.
Today tried short but the damn bulls didn't give up intraday and held their gap ups.
Tomorrow most likely gap down.

Support remains 4430-4500 area.
we had a good bounce from sub 4430 levels which to me is a good sign.
We might just have done the bottom. vertically anyway.
Now for the horizontal part.
Refer to old post on channel lines.
We have hit one channel line , still have to hit the wider uptrend channels.
Best case for bulls 4430-4470 gets retested and is held.
Worst case 4000 area etc is still a possibility

stocks worth investing in
LT/bhel , capital goods 25-30% cagr, bhel near 25x trailing good value. lt dunno p.e but it has wierder valuations anyway. always read a few funda reports before buying in delivery.

Midcap space i like indiabulls and idfc.
buy in declines.
Both can double in a few years.
30-50% cagr for these two is possible.