12-9-14 DAY PERFORMANCE:

12-9-2014 DAY PERFORMANCE:

AS WE MENTIONED IN OUR MORNING NOTE BULLS ARE HAVING UPPER HAND IN THE TRADE.  BUT DUE TO OPTIMISATION OF VALUE (NOT BUBBLE), SOME PROFIT BOOKING IS HAPPENING ALONG WITH INDEX ROTATION.   BY EXPECTING STRONGER CASH FLOWS, THROUGH POOLING OF SOURCES LIKE INFRA FUND, BANK'S CONSOLIDATION ETC., AND BUYING BSNL OPTIC FIBLE ETC., SELECTIVE STOCKS ARE WITNESSING STRONG BUYING.   EVEN THOUGH STRONG CURRENT PREVAILING IN MARKET, RANGE COULD NOT BROKEN TO TAKE CLEAR DIRECTION.  WE HAVE TO WAIT AND SEE IN NEXT WEEK. REGARDING NIFTY CLOSING ALSO HAPPEN TO BE LOW THAN IT WEEKLY OPENING. (8133 VS 8106).  HOWEVER STOCK SPECIFIC ACTION ALSO VERY WIDE AS WE CAUTIONED.

STOCKS FOR DAY:

LONG: IDEA: BUY > 148 TRG 151/153 SL 143

            ACTUAL: LOW: 147.85 HIGH: 151.60

SHORTS: KOTAK BANK: SELL < 1065 TRG 1057 SL 1073

                 ACTUAL: LOW: 1058.20 HIGH: 1071.90

                 ADANI ENT: SELL < 504 TRG 498 SL 514

                 ACTUAL: LOW: 493.50 HIGH 504.55

AS TODAY EVENING OUR ECONOMIC DATA GOING TO RELEASE AND ANALYSTS' EXPECTATIONS ARE FAR BELOW, ANY NEARER RESULTS (EVEN THOUGH ANNOUNCED MINUS PERFORMANCE), MARKET LIKELY TO TAKE POSITIVE IN THE NAME OF BETTER THAN EXPECTATION.   LET US PRAY FOR BETTER Nos. IN THE LARGER INTEREST OF OUR COUNTRY.   WISH HAPPY WEEK END.