19-02-2013

NIFTY TREND:

Yesterday Market has been closed in Green. But traders' conviction is missing. Derivative CE & PE premium and Vix directions are supports to say, as traders have become conscious and covered their Futures positions.  But value buying witnessed in equities. As we mentioned yesterday, market likely to drive by News only. Market news like Banks NPA position, NHAI Review in Road projects; take the individual equities to new highs or lows. Market range shirked to 5900-6000 from 5900-6100 range. Market opens flat with positive bias and play in range bound. 5950 may act as resistance.

NIFTY FNO BAN LIST:

HDIL, IRB, PUNJLLOYD, RENUKA, SUZLON, WELCORP

NIFTY SPORT LEVELS:

Pivot: 5896

Support: 5881/5863/5848

Resistance: 5913/5928/5946

STOCKS TO WATCH: (positional)

DWARIKESH SUGAR, ERA INFRA, FDC, IGL, KCP SUGAR, SURANA TELE, ADANI ENT, ANSAL PRO, BALAJI TELE, DCB, DHANALAXMI BANK, HBL POWER, HOTEL LEELA, UB ENG.

STOCKS TO WATCH: (positional)

HUL: BUY > 468 TRG 474 SL 464

TATA COMM: BUY > 231 TRG 238 SL 225

SESAGOA: BUY > 167 TRG 169 SL 165