Monday, June 17, 2013

18-06-13 MARKET:

MARKET TREND:
Yesterday RBI taken move as per its Fundamentals.  Market has not cared and traders have taken advantage of Oversold Situation.   FIIs and many Institutional players are not active, in view of FED announcement to give the volume break to the Market.  Unless market closes > 5880/5900 level short term up trend can't be sustain.  Today market may open flat and move positive within range of 5800-5900.

NIFTY SPOT LEVELS:
Pivot: 5825
Resistance: 5880/5010/5965
Support: 5795/5740/5710

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
CAPITALFIRST EQ: BUY > 162 TRG 166 SL 158
AJMERA EQ : BUY > 86 TRG 90 SL 83.50
LICSHOUS EQ: BUY > 267 TRG 271 SL 264
IDEA EQ: BUY > 138 TRG 141.50 SL 136
GMRINFRA EQ : BUY > 20 TRG 21.50 SL 19.50

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