20-03-13
MARKET TREND:
Resistance: 5832/5917/5971
Support: 5692/5638/5553
NIFTY FnO BAN: PUNJLLOYD
STOCK FOR TRADE (ONLY MOVEMENT TRADES, MUST FOLLOW SL)
YESBANK, CHAMBAL, RELINFR, IDBI, FINANTECH, WELCORP, NAGARFERT, RAYMOND, PTC,
STOCKS TO WATCH (OPPORTUNISTIC BUY ON HOLDING BASIS)
 |
| HOW TO PUSH OR PULL (TRADERS & POLITICAL HEROES) |
YESTERDAY EVEN RBI'S POSITIVE ACTION ALSO NULLIFIED BY THE NEWS OF DMK'S THREAT TO GOVT. SINCE MARKET SENTIMENT IS WEAK, BEARS HAVE TAKEN MORE ADVANTAGE. STILL CE AND PE OPEN INTEREST POSITIONS ARE INTACT AT 6000 CE 5700 PE. THIS INDICATE, BULLS HAVE NOT LOST HOPE. WE CAN EXPECT, SOME POLL BACK IN COMING DAYS. SINCE MARKET TECHNICAL S ARE WEAK, MARKET MAY TEST LOWER SUPPORTING LEVELS OF 5630 AND 5550.
TODAY TRADERS MAY GO FOR BOTTOM FISHING & POSITIONS BALANCING, MARKET MAY PLAY RANGE BOUND. BUYING EQUITY FOR PORTFOLIO AVERAGING IS IDEAL.
NIFTY SPOT LEVELS:
Pivot: 5778Resistance: 5832/5917/5971
Support: 5692/5638/5553
NIFTY FnO BAN: PUNJLLOYD
STOCK FOR TRADE (ONLY MOVEMENT TRADES, MUST FOLLOW SL)
YESBANK, CHAMBAL, RELINFR, IDBI, FINANTECH, WELCORP, NAGARFERT, RAYMOND, PTC,
STOCKS TO WATCH (OPPORTUNISTIC BUY ON HOLDING BASIS)
IDFC, SAIL, SINTEX, BHEL, RELIANCE, LICHSGFIN, TATAGLOBAL, RECLTD, PFC, APOLLOTYRE, JINDALSTEEL, IRB, MCDOWELL-N, ADANIENT, SESAGOA, PTC, JUBLFOOD, HINDZINC, GODREJIND, BHARATFOGE, BHUSANSTL.
No comments:
Post a Comment