26-08-13 MARKET:

MARKET TREND:

MARKETS 2 DAYS RALLY MAY SPILL  OVER TO TODAY'S MORNING SHOW ALSO, AND LIKELY TO GET RESISTANCE AT 5510/5520.  SINCE TECHNICAL SENTIMENT IS IN UPBEAT, FIIS MAY TRY TO BOOK PROFITS IN THEIR EQUITY POSITIONS TO AVERAGE THEIR INDICES POSITIONS WITH ROLLOVERS.  AS THE 2 DAYS VOLUMES ARE NOT SIZABLE TO BOOK THE TOTAL  PROFITS, MARKET MAY CLOSE FLAT WITH POSITIVE BIAS. DUE TO THE ROLLOVERS, 

TODAYS MARKET MAY OPEN WITH POSITIVE BIAS AND WITNESS VOLATILITY WITHIN THE RANGE OF 5440/5405 VS 5520.

NIFTY SPOT LEVELS:
Pivot: 5443
Resistance: 5508/5545/5609
Support: 5406/5343/5305

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
RELINFRA EQ: BUY > 352.50 TRG 366 SL 343
TATA MOTORS EQ: BUY > 300 TRG 305.50 SL 295
HEXAWARE EQ: BUY > 125 TRG 131 SL 121
AURBINDO EQ: BIU > 179 TRG 182 SL 175.75