Market View for 02 April 2007
Nifty Index (3821.55):- .Supports are 3760 & 3700 and Resistances are 3840 & 3860.
Buy nifty at 10 am Target is 3840 & 3860.
Stocks for the day
Buy ACC at 10 am Target is 745 & 752.
Buy TISCO at 10 am Target is 460 & 466.
Can Short ICICI/HDFC after reviewing the scene
Ranbaxy again in hot list
JP associates too
Happy trading!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Important
BANKING AND CONSTRUCTION STOCKS ARE EXPECTED TO OPEN WEAK ON CRR HIKE.IF MARKET OPENS WITH A HUGE GAP SAY. 350-400 PTS DONT GO SHORT.BEST SHORT SELLERS:UTI BANKICICI BANK
CONSRTUCTION:PARSVANATHAKRUTI NIRMANCAUTION:
DONT SELL IF MARKET OPENS WITH HUGE GAP.YOU MAY EVEN BUY FOR INTRADAY.HUGE GAP CAN LEAD TO SHORT COVERING AT LOWER LEVELS.MOST OF MY CLIENTS SITTING ON SHORTS.....................
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