21-02-2013
NIFTY TREND:
As we expected Yesterday, Market closed flat, even though previous days high broken and closed better than previous day. Yesterday all major equity indices and commodity indices closed in Red. Even today morning peer markets opened with negative bias. Since our market is going to drive by our Budget Expectation & News, value buying likely to continue. FIIs buying and Call premiums are confirming our views. Selective Stocks can be pick with its Fundamental Values for Positional Trade. Volume Traders should be hedged with CE/PE options. Market going to pick-up from Third Level support @ around 5900/5895.
NIFTY LEVELS (SPOT):
Pivot : 5951
Support: 5930/5917/5896
Resistance: 5964/5983/5996
FNO BAN LIST:
HDIL, IRB, PUNJLLOYD, RENUKA, SUZLON
STOCKS TO WATCH: (Positional Traders)
Sail, Ambuja Cement, Shanti Gears, Vijaya Shathi Builders, Goa Carbon, Kalpataru Power, Educomp, Sadbhav Eng., Unity Intra. (@ important levels for long holdings)
Dish TV, Godrej Ind, Tata Motor DVR, BOI, HDFC, Glenmark Pharma, (@ levels of profit booking)
STOCKS FOR DAY TRADING:
Sail: EQ Buy > 77 trg 81 sl 75.50
ACL: EQ Buy > 198 trg 202 sl 196
HPCL: EQ Buy > 316 trg 320 sl 313
Tata Motors: EQ Sell > 304 trg 300 sl 308
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| EVERY UNIT IS IMPORTANT TO BUILD |
NIFTY TREND:
As we expected Yesterday, Market closed flat, even though previous days high broken and closed better than previous day. Yesterday all major equity indices and commodity indices closed in Red. Even today morning peer markets opened with negative bias. Since our market is going to drive by our Budget Expectation & News, value buying likely to continue. FIIs buying and Call premiums are confirming our views. Selective Stocks can be pick with its Fundamental Values for Positional Trade. Volume Traders should be hedged with CE/PE options. Market going to pick-up from Third Level support @ around 5900/5895.
NIFTY LEVELS (SPOT):
Pivot : 5951
Support: 5930/5917/5896
Resistance: 5964/5983/5996
FNO BAN LIST:
HDIL, IRB, PUNJLLOYD, RENUKA, SUZLON
STOCKS TO WATCH: (Positional Traders)
Sail, Ambuja Cement, Shanti Gears, Vijaya Shathi Builders, Goa Carbon, Kalpataru Power, Educomp, Sadbhav Eng., Unity Intra. (@ important levels for long holdings)
Dish TV, Godrej Ind, Tata Motor DVR, BOI, HDFC, Glenmark Pharma, (@ levels of profit booking)
STOCKS FOR DAY TRADING:
Sail: EQ Buy > 77 trg 81 sl 75.50
ACL: EQ Buy > 198 trg 202 sl 196
HPCL: EQ Buy > 316 trg 320 sl 313
Tata Motors: EQ Sell > 304 trg 300 sl 308
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