WHOSE DAY WILL BE TODAY?

18-03-2013

CHECK YOUR LOAD BEARING CAPACITY!

MARKET TREND:

FRIDAY POOR SENTIMENT & NEGATIVE NEWS (REG. PVT BANKS' TRANSACTIONS ISSUE & RIL ADV TAX PAY ETC.)   DOMINATED THE STRENGTH OF TECHNICAL S AND  PUSHED THE MARKET INTO NEGATIVE.  POOR ADVANCE RATIO, POOR VOLUMES AND REDUCTION OF OPEN INTEREST ARE INDICATING LETHARGIC MOOD OF MARKET PARTICIPANTS.

THIS MARKET OPPORTUNITY EN-CASHED BY FIIS. THEY ARE IN BUY SIDE IN ALL FUT., OPTIONS AND EQUITY SEGMENTS.  SINCE MOST OF THE ANALYSTS ARE EXPECTING INT. RATE CUT FROM RBI, MARKET MAY RECOVER FROM LOWS OF 5830 AND CLOSE FLAT. 5800/5810 SHOULD BE SL FOR LONGS. IF THE MARKET BREAKS 5760 MORE PANIC SALES MAY WITNESS.NIFTY RANGE COULD BE BETWEEN 5820-5930.

NIFTY SPOT LEVELS:
Pivot:: 5893
Resistance: 5925/5978/6010
Support: 5840/5808/5766

NIFTY FnO BAN LIST:
Punjlloyd

STOCKS FOR INTRA-DAY:
IFCI EQ: BUY > 29.25 TRG 30.40 SL 28.50
DABUR EQ: BUY > 136 TRG 138 SL 134
HAVELLS EQ: BUY > 639 TRG 642 SL 638
LUPIN EQ: SELL < 617 TRG 607-600 SL 623

STOCKS TO WATCH (VALUE BUY ON HOLDING BASIS)
COREEDUTEC (CORE EDUCATION & TECH LTD)
HAVELLS (HAVELLS INDIA LIMITED)
KALINDEE (KALINDEE RAIL NR. (E) LTD)
SEINV (S.E. INVESTMENTS LIMITED)
RAMCOIND (RAMCO INDUSTRIES LIMITED)
OMNITECH (OMNITECH INFOSOLU LTD.)
AHLEAST (ASIAN HOTELS (EAST) LTD)
ZODJRDMKJ (ZODIAC JRD-MKJ LTD)
BHARATRAS (BHARAT RASAYAN LTD)
JKIL (JKUMAR INFR.LTD.)