12-03-2013
MARKET TREND:
 |
| PAUSE & TAKE A VIEW OF MARKET |
MARKET HAS TAKEN BREATHER AFTER 4 DAYS POSITIVE JOURNEY. TREND IS IN PAUSE, AND TODAY ALSO MAY BE DAY OF CONSOLIDATION WITH NEGATIVE BIAS. SINCE, THIS WEEK ADVANCE TAX FIGURES WILL GIVE SOME INDICATION OF CORPORATE PERFORMANCE, TRADERS MAY BE WAIT FOR OPPORTUNITIES AND NEWS. FIIs ARE CONTINUING THEIR TRADES AS PER THE TECHNICAL VALUES AND DIIs ARE IN CONTINUING THEIR SELLING. FROM FEB, 2013 BEGAN THEY ARE ONLY 2 DAYS POSITIVE IN EQ BUYING. REMAINING ALL THESE DAYS, THEY ARE IN SELLING SIDE ONLY.
SINCE, BULLS AND BEARS ARE HAVING THEIR OWN TECHNICAL MATRIX, EVEN THOUGH NEGATIVE DAY 6100 CE HAVE BUILDUP ALONG WITH 5700 PE. THIS INDICATES, INCREASING VOLATILITY IN MARKET.
NIFTY SPOT LEVELS:
Pivot: 5948
Resistance: 5966/5989/6006
Support:: 5925/5907/5884
NIFTY FnO BAN:
HDIL
STOCKS FOR INTRA-DAY:
HDFC EQ: BUY > 825 TRG 837 SL 816
MADRAS CEMENT EQ : BUY > 254 TRG 261 SL 250
KOT AK BANK EQ : SELL < 669 TRG 663 SL 674
STOCKS TO WATCH (POSITIONAL)
ONGC (OIL AND NATURAL GAS CORP.)
UPERGANGES (UPPER GANGES SUGAR & INDS)
SHYAMTEL (SHYAM TELECOM LIMITED)
SHALPAINTS (SHALIM PAINTS LTD)
ORIENTABRA (ORIENT ABRASIVE LTD)
HYDROS&S (HYDRO S & S IND. LTD)
NAGREEKEXP (NAGREEKA EXPORTS LTD.)
UNITEDTEA (UNITED NILGIRI TEA LTD)
SINCE, BULLS AND BEARS ARE HAVING THEIR OWN TECHNICAL MATRIX, EVEN THOUGH NEGATIVE DAY 6100 CE HAVE BUILDUP ALONG WITH 5700 PE. THIS INDICATES, INCREASING VOLATILITY IN MARKET.
NIFTY SPOT LEVELS:
Pivot: 5948
Resistance: 5966/5989/6006
Support:: 5925/5907/5884
NIFTY FnO BAN:
HDIL
STOCKS FOR INTRA-DAY:
HDFC EQ: BUY > 825 TRG 837 SL 816
MADRAS CEMENT EQ : BUY > 254 TRG 261 SL 250
KOT AK BANK EQ : SELL < 669 TRG 663 SL 674
STOCKS TO WATCH (POSITIONAL)
ONGC (OIL AND NATURAL GAS CORP.)
UPERGANGES (UPPER GANGES SUGAR & INDS)
SHYAMTEL (SHYAM TELECOM LIMITED)
SHALPAINTS (SHALIM PAINTS LTD)
ORIENTABRA (ORIENT ABRASIVE LTD)
HYDROS&S (HYDRO S & S IND. LTD)
NAGREEKEXP (NAGREEKA EXPORTS LTD.)
UNITEDTEA (UNITED NILGIRI TEA LTD)
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