07-03-2013
MARKET TREND:
 |
| BE AWARE! |
MARKET TREND:
Yesterday through out the day market is in uptrend and vowing retailers to go for long. Even though Technical Indicators and FIIs buying on Plus Side, Business Volumes are very low. This is not convincing of Bull Market. It should be Pull Back Rally with Shorts covering. As we mentioning day after day, Unless Nifty closes above 5850 at least for 2 days in continue, we can't be confident to go for Longs. Today we can witness sell at highs. Bank Nifty will be in volatile.
MARKET LEVELS:
Pivot 5814
Resistance : 5833/5848/5867
Support: 5800/5780/5766
NIFTY FnO BAN: NIL
STOCKS TO WATCH: (FOR POSITIONAL)
Voltas, Jubilifood, Uco Bank, Motilal, Bajaj Holding, Pennar Ind, Bartronics, Gabrial, Hindzinc, Mcdowell, Lupin, Grasim, Asian Paints.
STOCKS FOR INTRA TRADE:
Bhushan Steel Eq: Buy > 465 TRG 468-469 SL 462
Canara Bank Eq: BUY > 427 TRG 430 SL 422
SBI EQ : BUY > 2159 TRG 2180 SL 2145
MARKET LEVELS:
Pivot 5814
Resistance : 5833/5848/5867
Support: 5800/5780/5766
NIFTY FnO BAN: NIL
STOCKS TO WATCH: (FOR POSITIONAL)
Voltas, Jubilifood, Uco Bank, Motilal, Bajaj Holding, Pennar Ind, Bartronics, Gabrial, Hindzinc, Mcdowell, Lupin, Grasim, Asian Paints.
STOCKS FOR INTRA TRADE:
Bhushan Steel Eq: Buy > 465 TRG 468-469 SL 462
Canara Bank Eq: BUY > 427 TRG 430 SL 422
SBI EQ : BUY > 2159 TRG 2180 SL 2145
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