1ST LOOK TRADING STRATEGY FOR 22nd MARCH WELCOME 2010.....
GOOD MORNING ALL
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STOCK MARKET HAS GIVEN 70% RETURN IN LAST 3 MONTHS, YOU MISSED THE OPPORTUNITY AGAIN? MARKETS FALL AND RISE AGAIN, THE LESSON IS THE RIGHT STRATEGY AT RIGHT TIME WITH RIGHT GUIDENCE
MARKET RESPECTS OUR GIVEN LEVELS JUST CHECK: Yesterday our rocking call was about NIFTY - " BUY NIFTY FOR THE TARGET 5280". So have you CHEKED IT'S YESTERDAY HIGH? HIGH "5281" PLZ CALCULAT YOUR PROFIT Yesterday we have written in our news letter about RELIANCE- "BUY FOR THE TARGET OF 1100". So have you CHEKED IT'S YESTERDAY HIGH? HIGH "1097.45" PLZ CALCULAT YOUR PROFIT
NIFTY TODAY'S DECISIVE LEVELS: UPPER SIDE: 5280 5350 LOWER SIDE: 5200 5150 TREND DECIDER WILL BE 5180
NIFTY FUT.: closed@5255 Buying opportunity as remain above 5220 for the target of 5280 5300, we may see some better move today. Below 5220 small correction is expected up to 5180 5150. Buying opportunity on lows no selling or wait for small dip for buying. BANK NIFTY: closed@9176 Buying opportunity above 9000 for the target of 9300 9400. Below 9000 major support level will be 8850.
MARKET WATCH NSE INDEX: closing@5269.90 After a good move we have seen a consolidation from upper level, buying opportunity for the target of 5300 5340, consider major support level will be 5240 and then 5200. Significant increase in open interest of 5200 april put so we can consider it as a major support level for coming days. BSE INDEX: closing@17,519 Major support level will be the 15,800 remain above that buying opportunity. TOP PICKS OF THE DAY RELIANCE: (closing 1094) Major support will be 1065 1050, buying opportunity remain that for the target of 1120 1130. Though after a good move we may see some consolidation from upper level. buy on dips will be best strategy. SBI: (closing 2061) Good movement from last few days, stock closed around its major resistance level, so remain above 2050 buy for the target of 2080 2100, below 2050 stock may take support of 2020. It becomes range bound from last few days. SESAGOA: (closing 451) Buying opportunity for the target of 480 490, above 435, below 435 major support will be 418 400. WELGUJ: (closing 282) Good movement with good volume buying opportunity for the target of 290, consider 275 as a major support level, remain below this it may taste 271. BHARTIARTL: (closing 313) Good movement from last few days buying opportunity for the target of 322 325 above 303, below 303 it will take support of 292. HINDALCO: (closing 175) Stock is in continuous bullish mode, buy for the target of 180 182, and short term target will be 200, consider support of 162. RENUKA: (closing 78) Buying opportunity for the target of 82 84 above 75, below 75 major support will be 72. CALL/ PUT STRATEGY NIFTY: nifty 5000 5100 calls best opportunity to trade.
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INTRADAY COMBO: This scheme is designed for those traders who trade in bulk quantity. In these services you will receive the intraday calls in nifty future, stock future, nifty options and stock options. You will also receive the positional calls in stock and nifty options. SUBSCRIPTION DETAILS FOR INTRADAY COMBO CALLS: Monthly subscription: Rs 7,000/- Quarterly subscription: Rs. 18,000/- SERVICES THROUGH SMS AND YAHOO MSGR ONLY NRI SERVICES: Intraday calls both in stock and nifty: $250 Option package: $150 Combo package ( both options and stock, nifty intraday): $350 Services through yahoo messenger only OUR ACCOUNT NO. IS 00361050047543, HDFC BANK IN THE NAME OF AMIT SHARMA For detail contact us on 09179365369 or mail us at advisory.stock@yahoo.com
DISCLAIMER: Stock trading involves high risk and one can lose Substantial amount of money. The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only. NOTE WE HAVE NO HOLDINGS IN ANY OF STOCKS RECOMMENDED ABOVE.