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The momentum indicator KST on the daily chart is still trading below the zero line. The crucial level to watch on Nifty is 4,965 on upside and 4,800–4,750 on downside. Being the last day of F&O expiry, volumes were comparatively better. The market breadth was dominated by bears. Sensex Is Bouncback for its crucial level 16235. So 16235 is support for Sensex.
BOC Buy Above 160 tgt 164,168
Birla cor SL 210 tgt 215,218
Andhra bank Sl 75 tgt 80,82
Tata Chem Its look Hot & Fiery
In sterling Bio U can see more upside from current level Pls Keep Sl 210 and tgt 216,220
Pharma Stocks look positive like Glenmark, Ranbaxy, Matrix, Cipla, Lupin,
Infosys Sell below 1870 tgt 1850,1835
ScripName---S1---S2---RS.---R2---R1---Position
Nifty 4811-4850-4871-4900-4940-Go long above R2,Go short below S2.
Adlabs 620--628--633--641--657---Go long above R2,Go short below S2.
Cent. Text-659--669--684--695--714--Go long above R2,Go short below S2.
DLF 572--579--589--601--612--Go long above R2,Go short below S2.
Icici Bank- 775--784--797--824--841--Go long above R2,Go short below S2
Infosys-- 1851-1869-1889-1905-1929-Go long above R2,Go short below S2
J P Asso.- 220--223--225--227--230--Go long above R2,Go short below S2
Reliance-2421-2445-2466-2484-2519-Go long above R2,Go short below S2.
Rel.Cap- 1999-1219-1234-1255-1278-Go long above R2,Go short below S2.
SBI----- 1429-1449-1464-1484-1505-Go long above R2,Go short below S2
Tata Steel875-889--896---915--927--Go long above R2,Go short below S2.
Roll Over In F & O pls click this link
http://mail.google.com/mail/?ui=2&ik=95281b6447&attid=0.1&disp=vah&view=att&th=11a3705997361641
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