05-09-13 MARKET:

MARKET TREND:

Yesterday, market has responded as per our present Thumb Rule of Buy @ Bad News (Indices) and Sell @ Good News.  Traders have taken advantage of Poor Technical Views and went for selective stocks buy.  Todays market will move against the opening and play volatile in line with peer markets.  As Nifty 5600-5700 shorts are in place, today's range may be between 5450-5650.

NIFTY SPOT LEVELS:
Pivot: 5409
Resistance: 5499/5550/5640
Support: 5357/5267/5216

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
TCI EQ: BUY > 46.50 TRG 47.50/48 SL 46
TATAGLOBAL EQ: BUY > 143 TRG 145.50 SL 141
TTK HEALTH EQ: BUY > 498 TRG 502 SL 494
GANESH HSG EQ: SELL < 48 TRG 45 SL 52.50