Tuesday 28 February 2012

Stocks View for 07 Mar 2012 ::



Market to remain volatile and is likely to follow global cues.

Today would be a crucial session for the market and it would be important to see how it behaves at its key support levels of 5200-5170,Bulls have a final chance and odds are likely to shift if 5164 is broken ,I will be holding long positions in the Nifty with a stop loss of 5164.

As we head towards the Union Budget, we could see rallies of 100-150 points but these would be sold into,  In the short term, we are likely to see choppy sessions with support at 5165-5150
,
Nifty spot if manages to trade and sustain above 5260 then some recovery can follow in the market and if it breaks and trade below 5180 then some profit booking can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.

Important US data to be released today:
1. ADP Employment Report
2. Productivity and Costs
3. EIA Petroleum Status Report
4. Consumer Credit


What you Must NOT Do in Stock Market
  • Don't panic
  • Don't make huge investments
  • Don't chase performance
  • Don't ignore expenses
  • Don't Speculate
What You Must Do in Indian Stock Market
  • Get Rid of the Junk
  • Diversify
  • Belive in your Investment
  • Stick To your Strategy
  • For Explanation Click On More



For the day, the level of 5185 and 5150 may act as a major support while the level of 5325 and 5350 may act as a major hurdle


The markets closed flat after a choppy session in today's trade. Metal lost significantly on news that Indonesia may reduce the stake of foreign companies operating in the country's mining business. Retail and oil marketing counters lost, too, after the poor performance of the Congress in the recently concluded state elections. Other big losers included power and capital goods. Realty, IT and banking gained significantly. The Sensex closed at 17145, down 28 points from its previous close, and the Nifty shut shop at 5220, down 2 points. The CNX Midcap index closed with 0.03% gain while the BSE Smallcap index was down 0.6% in today's trade. The market breadth was negative with advances at 486 against declines of 964 on the NSE. The top Nifty gainers were JP Associates, Reliance Power, HCL Tech andHDFC Bank while the biggest losers included Sterlite Industries, Sesa Goa, NTPC and Power Grid.

SESAGOA Sell Below 197.50 TGT 191 SL 201 Cash Intraday


































ICICI Bank

NSE
Feb 27, 17:00
887.45
 -44.20 (-4.74%)
VOLUME  4,923,294
PREV. CLOSE
931.65
OPEN PRICE
932.40
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
887.45 (813)
TODAY’S LOW/HIGH 881.70  932.40
52 WK LOW/HIGH 641.00  1139.00



Positions on 23feb

Mahindra and MahindraNSE

Feb 27, 17:00
696.65
 -33.30 (-4.56%)
VOLUME  1,469,157
PREV. CLOSE
729.95
OPEN PRICE
733.00
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
696.65 (1342)
TODAY’S LOW/HIGH 691.20  733.00
52 WK LOW/HIGH 585.00  877.30


Unitech

NSE
Feb 27, 17:00
30.25
 -2.20 (-6.78%)
VOLUME  26,090,894
PREV. CLOSE
32.45
OPEN PRICE
32.30
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
30.25 (61065)
TODAY’S LOW/HIGH 30.00  32.50
52 WK LOW/HIGH 17.45  48.85

Sesa Goa

Feb 23, 15:58

227.25
 -9.20 (-3.89%)
VOLUME  7,618,087
PREV. CLOSE
236.45
OPEN PRICE
234.90
BID PRICE (QTY.)
227.25 (1052)
OFFER PRICE (QTY.)
0.00 (0)
TODAY’S LOW/HIGH 226.00  243.80
52 WK LOW/HIGH 148.30  330.80


Hindalco Industries

NSE

Feb 27, 17:00
139.95
 -8.10 (-5.47%)
VOLUME  7,451,762
PREV. CLOSE
148.05
OPEN PRICE
148.00
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
139.95 (5966)
TODAY’S LOW/HIGH 138.60  148.35
52 WK LOW/HIGH 111.20  224.75

Kingfisher Airlines

NSE
Feb 22, 17:00
25.15
 -1.60 (-5.98%)
VOLUME  16,039,477
PREV. CLOSE
26.75
OPEN PRICE
28.00
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
25.15 (2923)
TODAY’S LOW/HIGH 24.00  28.00
52 WK LOW/HIGH 17.70  49.00

Reliance CommunicationsLIVE

b 27, 17:00
87.85
 0.00 (0.00%)
VOLUME  11,586,960
PREV. CLOSE
87.85
OPEN PRICE
93.90
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
87.85 (49904)
TODAY’S LOW/HIGH 86.80  94.20
52 WK LOW/HIGH 60.80  113.85


Tata Motors

NSE

Feb 27, 17:00
259.95
 0.00 (0.00%)
VOLUME  13,321,207
PREV. CLOSE
259.95
OPEN PRICE
267.90
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
259.95 (13819)
TODAY’S LOW/HIGH 255.35  267.90
52 WK LOW/HIGH 137.55  292.70

DLFNSE

Feb 27, 17:00
214.90
 0.00 (0.00%)
VOLUME  7,496,268
PREV. CLOSE
214.90
OPEN PRICE
227.25
BID PRICE (QTY.)
0.00 (0)
OFFER PRICE (QTY.)
214.90 (18651)
TODAY’S LOW/HIGH 213.30  227.40
52 WK LOW/HIGH 172.80  274.70

What you Must NOT Do in Stock Market
  • Don't panic
  • Don't make huge investments
  • Don't chase performance
  • Don't ignore expenses
  • Don't Speculate
What You Must Do in Indian Stock Market
  • Get Rid of the Junk
  • Diversify
  • Belive in your Investment
  • Stick To your Strategy
  • For Explanation Click On More


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