13-03-13
NIFTY TREND:
NIFTY LEVELS:
Pivot: 5920
Resistance: 5946/5978/6005
Support: 5888/5862/5829
NIFTY FnO BAN: HDIL
STOCKS TOR INTRA DAY: (CAN HOLD FOR LONG TERM)
VOLTAS EQ: BUY > 83 TRG 84-85 SL 82
SAREGAMA EQ: BUY > 66.50 TRG 68 SL 65.00
ITC EQ: BUY > 298 TRG 301-303 SL 295.00
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| DO NOT LEAVE OPPORTUNITIES |
After 22nd Feb, Yesterday is one of the Technically Poor Market Day. Even IPP data, could not Boost the Bulls. Nifty Open Interest has fallen from 6100 to 6000 CE. This indicate Bulls are giving way to Bears to dominate. Though FIIs are in sell side of Futures, they are in buy side only in Options and Equity Segments. But our DIIs are at sell side only even in equity segment. Since, Tax & Saving collections money flows to Banks and Mutual Funds, value buying will be continue in coming days. Also, as Govt. agencies, try to spend their left over budgetary allocations, cash liquidity also likely to improve in coming weeks. Hence, we also should try to advantage of this market correction and accumulate or average our holdings.
Pivot: 5920
Resistance: 5946/5978/6005
Support: 5888/5862/5829
NIFTY FnO BAN: HDIL
STOCKS TOR INTRA DAY: (CAN HOLD FOR LONG TERM)
VOLTAS EQ: BUY > 83 TRG 84-85 SL 82
SAREGAMA EQ: BUY > 66.50 TRG 68 SL 65.00
ITC EQ: BUY > 298 TRG 301-303 SL 295.00
STOCKS TO WATCH (POSITIONAL):
GOENKA (GOENKA DIAMOND&JEWELS LTD), MOTHERSUMI (MOTHERSON SUMI SYSTEMS LT), J&KBANK (J & K BANK LTD.), OCL (OCL INDIA LTD), KKCL (KEWAL KIRAN CLOTHING LTD), ADVANIHOTR (ADVANI HOT.& RES.(I) LTD), IOLCP (IOL CHEM AND PHARMA LTD)
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