Thursday, March 31, 2011

01 April 2011

NIFTY SUPPORT- 5790 - 5650
        RANGE- 5800
   RESISTANCE- 5800 - 5850

NIFTY 200 DAYS MA IS 5691.NIFTY CLOSED ABOVE the 200 days SMA.


SELL NIFTY ONLY BETWEEN 5765-5750 SL 5795 ( SPOT ). TGT 5680-5620.
As we advised in AXISBANK , BHARTIARTL -- Both stocks are 5 % Down each - even in the market moves 50 points UP .


SOME FEW MORE STOCKS are PROFIT BOOKING ZONE, Over brought, looking negative, may fall 10% from CMP, Please stay away from this stocks & DON'T take any fresh position in this stocks, how are all don't want to sell in this stocks please do the hedging in future stocks,  Stocks are mentioned below






  • ADANIENT

  • BHARTIARTL

  • BOSCH

  • MAX

  • LICHOUSING FIN

  • NTPC

  • PNB

  • ULTRACEMCO

  • WIPRO

  • YESBANK

  • TATAMOTORS


NIFTY may fall until 5600 level please DONT take any  fresh position until break 6030 ( as we advised to take fresh position in the range of 5540 - 5550 please book your profit with 300 points and stay away, please don't HOLD ANYMORE -- LONG )