12-02-2013

NIFTY TREND REPORT:
- NIFTY TECHNICALS AND OPTIONS PREMIEMS ARE BETTER THAN FRIDAY.
- EVEN THOUGH TOTAL MONEY INFLOW IS LIMITED, FIIs EQUITY BUY HAS IMPROVED THAN INDEX FUTURES.
- ECONOMIC DATA CAN BOOST BULLS
- MARKET WILL BE IN POSITIVE.
- MARKET MAY OPENS LOW AND CAN GO LONG @ 5855 LEVEL WITH 5825 SL. UNLESS MARKET CLOSES ABOVE 5960 (SPOT NIFTY) BULLS CAN'T GET GRIP OVER INDEX.

NIFTY LEVELS:
PIVOT: 5900
SUPPORT: 5877/5865/5832
RESISTANCE: 5922/5945/5967

STOCKS WATCH:
AMTEK INDIA, DELTA CORP,  MMTC, HIND COPPER, HCL TECH, COAL INDIA.


STOCKS BUY/SELL:
EQUITY SEGMENT:
ATLANTA LTD: BUY > 49.50 TRG 50.50 SL 48

PUNJLLOYD: BUY >51 TRG 54 SL 50

BIOCON: SELL < 284 TRG 281 SL 287
CUMMINS: SELL < 503 TRG 498 SL 508

OPTIONS/EQUITY:
DRREDDY: BUY 1950 CE >26.00 (OR) BUY EQ: > 1894 TRG 1915 SL 1976
AXISBANK: BUY 1500 CE > 33.00 (OR) BUY EQ > 1482 TRG 1510 SL 1465
STERLITE: BUY 110 CE @ 1.50 (OR) BUY EQ 102.50 TRG 104/108 S; 101.50