NIFTY MOVING STRONG

NIFTY MOVING STRONG THIS MORNING BUT STILL IN BEARISH MODE, THOSE HOLDING SHORTS ADDED YESTERDAY MUST ADD MORE IN 5270-5290 ZONE ON RISE AND KEEP SL @ 5300, ONLY IF NIFTY CROSS ABOVE 5300 THEN WE MAY SEE NIFTY MOVING TILL 5410-5420 IN PACE, ELSE IT WILL FALL AGAIN TILL 5150/5080/5020.

7 DAYS

Buy Havells 571

Stop loss 562

Trgt  589-600 - 612+

BOOK 80%

MCDOWELL  611.80 


RAYMOND    426.40


IVRCLINFRA 67.85


Rvss StopLoss on our 1st Trgt
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2-3 DAYS BUY

2-3 DAYS BUY RAYMOND @ CMP 406
 SL @ 390 
TGT 430/448++ 
(ONLY FOR RISKY TRADERS)

NIFTY BROKE BELOW CRUCIAL SUPPORT OF 5150 TODAY, SO NIFTY IS IN SHORT TERM SELL MODE, BUT DON'T SHORT NIFTY NOW, SHORT NIFTY ON RISE NEAR 5180-5200 WITH SL OF 5250 FOR TGT OF 5080/5000.

MCDOWELL MAKE Rally upto


593 -595 - 598.5 


if Cross 598.5 then Nxt 615 - 620

IVRCLINFRA - Short Term

 BUY IVRCLINFRA @ CMP 62 
SL @ 59 
TGT 66/69/71++

7 Days ICICI

ICICI BNK Buy Abv 884/-


Trgt 901 - 907 


Sl 872

BOMDYEING Buy 540/-


FOR TGT 580++

Small traders avoid MKT till Thursday Strictly risky stay in MKT.... FII Selling Continue due to GAAR is impliment from 1 APRIL ........and Also thursday F&O Expiery ...Below 5171 Nifty weak 

15- 30 Days - Jindal Steel

Jindal Steel Buy Abv 538.90 


for Trgt 550  Trgt 565 Trgt 574 

Stop Loss 523

GR8 NEWS FOR :-

 UK reduces corporation tax to 24% from 26% from 1st April 2012. It would further reduce corporation tax to 22% from 1st April 2014. This would be positive for Tata Steel, Tata Tea, Tata Motors and Tata Chem




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1 Month Call - Orchid Chem

If 182 Breaks, 

Then Can Go 195 - 200 - 215

SL Below 178.
Its also currently Trading at a very Attractive P.E. Ratio of  7.55


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Target Achive - Bata India

Book Full Profit  

Bata High 779/-
6% Return 

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7-10 Days Call

Buy BATA INDIA 


ABV 733 TRGT 780 


SL 699

7-10 Days Call

 Buy Lupin Abv 510 +


trgt 530 & 545 


 sl 496

BUDGET 2012

# Estimated Fiscal Deficit (2012-2013) at 5.1% of GDP. Positive for Market  (So keep Investing in Market on Regular Basis )


# STT Reduced By 20% on Delivery Transaction.


# 5% Import Duty on COAL Withdrawn .Positive for Independent Power Companies Such as TATA POWER, JSWENERGY  & Otrs.


#Duty on Bicycles & Bicycle Part Reduced. Positive for >     TubeInvestment,Hercules,Atlascycles .

NIFTY SPOT

*-NIFTY SPOT: GAP (5222-5290) ALMOST FILLED..... 
*-POSITIONAL BUY NIFTY @ CMP 5240-5250 DO AVG NEAR 5180 SL @ 5150 TGT 5400/5620/5780++ (SMALL TRADERS AVOID THIS TRADE AND BUY IF GET DIP NEAR 5180) 
*-BREAK AND A CLOSE BELOW 5220 MAY TAKE STOCK TO 5205-5175/50 LEVELS...

**5150/75 SHOULD BE CONSIDERED AS A CRUCIAL SUPPORT. ANY MOVE BELOW THIS CAN INVITE PANIC FALL

Buy BHEL Abv 290+                Trgt 298 - 310  


(320/- + + 15 Days)

With SL 265.1 (More Safe 562.9)

Book 100% Profit    ICICI Bank Call Close...       Today Close 953.90,High 957.60 
Call Share on Saturday 10 March                            

(4% Return in 3 Days) 

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The Nifty has closed in the positive today and is now
expected to take support around 5353; it is likely to
head higher till 5550 in the immediate run. It can face
resistance at 5460.
The momentum indicator has given a positive crossover

and is trading below the zero line on the daily chart.

Free Call for Week

BUY GITANJALI @ 380+
TGTS : 386-396-405-410 
SL : 370 ,
DURATION : 1 WEEK

Free Week Call

For Monday 


 Buy ICICI BANK Above 915 


Trgt  930- 935 - 940   
 sl 904
Holding 1 Week 


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