13-02-2013
NIFTY TREND REPORT:

- NIFTY PRICE REALISATION AND BREADTH IMPROVED THAN TUESDAY. EVEN THOUGH MARKET HAS GIVEN POSITIVE CLOSE,  CE PREMIEUM ratio HAS COME DOWN THAN  PE PREMIEUM ratio. SO MARKET MAY WITNESS MORE VOLATIELE DAY. MARKET IS ON BUY ON DIPS.

- WE CAN GO LONG WITH 5900 SL (SPOT NIFTY) AND IF THE MARKET CLOSES ABOVE 5950/5960 CAN HOLD LONG POSITIONS. IF NIFTY CLOSES BELOW THESE 5880/5820 LEVELS BETTER TO BE AWAY FROM LONGS.

NIFTY LEVELS:

PIVOT: 5912

SUPPORT: 5897/5871/5855

RESISTANCE: 5940/5955/5980

STOCKS ON BUY/SELL: (INTRA DAY) 

ADANI ENT: BUY 240 CE BELOW 1.00 (HERO or ZERO)

ONGC: BUY 320 CE @ 2.5/3 (HERO or ZERO)

JINDALSTEEL: BUY 380 PE @ 4.50/5 (OR) SELL < 395 TRG 387 SL 401

JAIPRAKASH: BUY > 71.50 TRG 74 SL 70

SYNDICATE BANK: BUY > 129 TRG 131 SL 128

STOCKS WATCH: (MOST OF THE STOCKS ARE @ IMPORTANT LEVELS. BUY/SELL ON HOLD BASIS ONLY) DENA BANK: CESC: INDIANHOTELS: FDC: GRAPHITE INDIA: GUJ NRE: MANJEERA CON: GOLDEN TOBACCO: VIJAYASHANTI: VOLTAS: RIL BROADCAST: MTNL: TANTIA CON: JK PAPER: BARTRONICS: