PICK RIPENED FRUITS!

23-04-13
MARKET TREND:

FOR SHARES MARKET, FRUITS ARE GOOD EXAMPLE.  NATURE HAS GIVEN GOOD EXAMPLE OF FRUITS:  IF WE HAVE NOT PICKED IN RIGHT TIME, IT WILL BE WASTED.  IF WE LIKE TO ADOPT/LEARN, WE HAVE TO TAKE PROFITS.  FROM LAST 8 DAYS NIFTY  IS UP BY 370 POINTS.  SINCE ONLY 1 WORKING DAY LEFT FOR NEAR DERIVATIVES SESSION, WE RECOMMEND TO BOOK PROFITS. 5880/5920 CAN BE RESISTANCE IF MARKET OPENS ABOVE 5855. OTHERWISE 5955 MAY ACT AS RESISTANCE.

NIFTY SPOT LEVELS:

Pivot: 5823

Resistance: 5856/5878/5911

Support: 5801/5768/5746

NIFTY FnO BAN: RENUKA:

STOCKS FOR DAY TRADING:

BATAINDIA EQ: SELL <  753 TRG 745 SL 760

STOCKS TO WATCH - POSITIONAL

FINOLEX IND., L&TFH, M&MFIN, GITANJALI, DABUR, HTMEDIA, BOSCHLTD