Dowjones +189 , NAsdaq +67
Mk open positive as per global cues MKT have resitance near 5250-5300
Nifty future made a high of 5,243,there after selling pressure was witnessed near the upper channel line of the upward moving channel, which dragged it down to the day’s low near 5,180. Looking at the present scenario, it seems this selling may continue in the coming trading sessions and Nifty may come all the way to 5,050
Future Funda
Buy NTPC SSL 190 TGT 200, 205,210………225
Sun TV Ready to blast first 325 then after it can touch 340,350. Keep sl 310
Intraday call
Religare kep SSL 400 and buy tgt 425, 435
Nitin fire buy above 475 sl 475 tgt 500
Some one eating stocks in oil mkt company like IOC, BPCL ,HPCL We can see 50 RS. Move in all three stocks.
ScripName---S1----S2----RS.----R1----R2----Position
Nifty-------5110--5169---5186----5250---5280--Go long above R2,Go short below S2.
Adlabs------723----738----752----760-----769----Go long above R2,Go short below S2.
Cent. Text---851---860----872----878-----889---Go long above R2,Go short below S2.
DLF--------690----699----705----711-----720----Go long above R2,Go short below S2.
Icici Bank---860---870---879-----885-----900----Go long above R2,Go short below S2
Infosys-----1705---1730---1754---1751---1775--Go long above R2,Go short below S2
J P Asso.----266----269---271---275-----280-----ng above R2,Go short below S2.
Reliance---- 2550---2599---2615----2638---2670-Go long above R2,Go short below S2.
Rel.Cap----1461----1490----1504---1525---1550---Go long above R2,Go short below S2.
SBI------1751------1769-------1776----1790---1800--Go long above R2,Go short below S2
Tata Steel---795---802--809-815---822--Go long above R2,Go short below S2.