Thursday, May 2, 2013

BEAR WAKE UP!

 03-05-13

MARKET TREND:
With Peer Marke,  Corporate Result and Positive Response on RBI Policy, general market has responded positively.  Due to oversold situation, and other technicals indicate, the market sell @ highs.
Market may get resistance @ 6040. Day traders can put Bets on 6000 PE with strict SL.

NIFTY SPOT SUPPORT:
Pivot:: 5977
Resistance:6042/6085/6150
Support:: 5933/5868/5825

NIFTY FnO BAN:NIL

STOCKS FOR DAY TRADING:
JUBILLANT FOOD EQ: BUY > 1125 TRG 1140 SL  1110

STOCKS TO WATCH-POSITIONAL:
GODREJIND , TATAGLOBAL, PFC, RECLTD, IDFC, APOLLOTYRE

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