WATCH GREAT MIGRATION!

29-04-13

MARKET TREND:

This is the time for (Share Market) Traders to take Summer Vacations.  Yesterday I come across a article about vacations spot - The Great Migration (at Nairobi) and it is very interesting..  We may learn some tips from this Great Migrations - How to Survive in this Money Jungle. Since market had journey of 400 pts (approx) and Market likely to wait for RBI rate policy, New Financial Year Valuations (indices) are ready, market may be get consolidate for some time, before it takes next direction and we may come across Great Migration of Indices in coming days. Market may open with positive bias and may play between 5850 - 5920 for a day.

NIFTY SPOT LEVELS:

Pivot: 5880
Resistance: 5899/5926/5945
Support: 5852/5833/5806

NIFTY FnO BAN: NIL

STOCKS FOR DAY TRADING:

TTKPRESTIG EQ: BUY: > 3158 TRG 3282 SL 3065
NATCOPHARM EQ: BUY > 446 TRG 450 SL 440
DBCORP EQ:  BUY > 229 TRG 239 SL 222

STOCKS TO WATCH-POSITIONAL:

BHARTIARTL, ITC , MARUTI, SUNPHARMA, SUNTV, SRTRANSFIN, BAJAJ-AUTO .