WHAT WILL BE, AFTER THE BITE OF BOUNCE BACK?

15-03-13

DO NOT MISS BALANCE IN OVER JOY 

MARKET TREND:

We have been patted our self about our yesterdays bounce back predictions.  Hardcore/Registered  followers have enjoyed the success along with us.  WPI positive data helped to boost quick bounce. Today's market will be depend on open. If nifty opens above 5950, it will be positive day with respectable score. Otherwise it will be consolidate day with positive bias. Yesterday FIIs are in sell side in index options segment and buy side in equity. Wisely they are building  up their portfolios. Today strategy should be sell at highs for trading items and averaging of portfolios. Market may play between 5900-6000 range.

NIFTY SPOT LEVELS:

Pivot 5874

Resistance: 5955/6002/6084

Support: 5827/5745/5700

NIFTY BAN LIST: HDIL, PUNJLLOYD

STOCKS FOR INTRA-DAY: 
TTK PRESTAGE EQ: BUY > 3444 TRG 3528 SL 3389
VENUS REMIDIES EQ: BUY > 272 TRG 278 SL 269
DLF PE : BUY +/- 36 TRG 40 SL 32

VALUE BUY STOCKS: (HOLDING BASIS)

ITC, SUNPHARMA, WIPRO, LT, ASIANPAINT, TECHMAH, SUNTV, JUBLIFOOD, CONCOR, 

GODREJCP, APOLLOHOSP.