SUMMER SEASON HAS STARTED & BIRDS ARE HUNTING FOR WATER,

KINDLY ARRANGE TO PUT EARTHERN POTS AT UR BALCONY/TERRACE WITH FRESH WATER DAILY

Invite your Friends & Earn Referral Income!

Wednesday, March 3, 2010

FII BOUGHT 2817 CR IN F&O
FII BOUGHT 1335 CR IN CASH
DII SOLD 977 CR
SGX NIFTY CLOSED @5044/5057(MADE AN INTRADAY HI OF5083 )
VIX-21.63(SUGGESTING STABILITY)
$ INDEX-80.51

NS VIEWS:
RES:5032-5053-5077
SUP:4993-4972-4952

TOMMORROW NIFTY MAY OPEN FLAT WITH POSITIVE BIAS AND MAY TRADE IN 4993-5053 LEVELS.
TOMM IF NIFTY MOVES UP AFTER OPEN IT CAN BE SHORTED NEAR 5050-60RANGE WITH SL ABV 5080 FOR TGTS 5028-5012-4993..SOME SMALL DOWNSIDE IS EVEN MORE POSSIBLE TILL 4982-77 RANGE....BUT ITS BETTER TO START BUYING NF NEAR 4993 LVLS.
NOW 4952 WILL FORM A STRONG SUPPORT FOR COMING DAYS..TILL THEN ITS BUY AT EVERY DIPS NEAR 4952-4965

IF OPENS WEAK MAY SEE NIFTY DRIFTING DOWN TOWARDS 4993-4982 WHERE IT CAN BE BOUGHT FOR HIGHER LEVELS TILL 5053..TOMMOROW EXPECT NIFTY TO REMAIN CHOPPY AFTER TWO DAYS OF UPMOVE.

SEEING TODAYS PATTERN IT SEEMS THAT ACTION MAY BE AGAIN SHIFTING TO MIDCAP AND HIGH BETA STOCKS FOR COMING DAYS

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