16-05-13 MARKET:

16-05-13
MARKET TREND:
Yesterday Market has given back, what ever taken on day before.  Since volumes are better than weekly average, and range is in tact, market may try to test Jan.2013 high of 6181 before go for profit booking. With 6245 SL can go for short.

NIFTY SPOT SUPPORT: 
Pivot: 6108
Resistance:6196/6246/6335
Support: 6058/5969/5920

STOCKS FOR DAY:

ONGC EQ: BUY > 333 TRG 338 SL 329

IRB EQ: BUY > 122.50 TRG 127.50 SL 119

UNITY INFRA EQ: BUY > 31.5 TRG 32.50 SL 31

STOCKS TO WATCH – POSITIONAL

HINDUNILVR (HINDUSTAN UNILEVER LTD.)
DABUR (DABUR INDIA LTD)
SUNPHARMA (SUN PHARMACEUTICALS IND.)
TITAN (TITAN INDUSTRIES LTD)
MARUTI (MARUTI SUZUKI INDIA LTD.)
ULTRACEMCO (ULTRATECH CEMENT LIMITED)
CESC (CESC LTD)
HAVELLS (HAVELLS INDIA LIMITED)
COLPAL (COLGATE PALMOLIVE LTD.)