NIFTY TREND:
ON 8TH MARKET CLOSED @ 5994 EVEN BROKEN THE LOWERING 62%RETRACEMENT LEVELS. FIIs CONTINUED THEIR PURCHASES AND AS USUAL DIIs SELLING IN EQUITIES. MARKET MAY OPEN FLAT AND SELL @ HIGH WITH 5950 SL. BY DEALING OI DATA AND CASH FLOWS IN TO BUSINESS, MARKET SUPPORT CAN EXPECT @ 5825 LEVEL.
NIFTY SPOT LEVELS:
PIVOT: 5914
RESISTANCE: 5944/5984/6014
SUPPORTS:5873/5843/5803
STOCKS TO WATCH:
UNITECH, DELTA CORP, MNM, ASHOKLEY, GSPL, REL INFRA, NTPC, CANBANK, TITAN
STOCKS LONG / SHORTS
WIPRO: BUY CE:420 @ 6.50 OR EQ > 410/418/404
GODREJ IND: BUY CE 320 @ 4.20 )EQ. > 312/316/308
TVS ELEC: EQ BUY > 17/18/16.50
TV TODAY: EQ BUY > 73.5/78/69.50
SHORTS: CEAT: EQ SELL < 105.50/100/109
IBULLS FIN: EQ SELL < 285/276/293
RECL: BUY PE 240 @ 5.50 OR SELL < 244/240/248

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