NIFTY FUTURES (F & O)
Above 2630-2632 zone, rally may continue up to 2651-2653 zone by non-stop.
Support at 2617 & 2620 levels. Below these levels, profit booking may continue up to 2595-2597 zone and thereafter it can tumble up to 2574-2576 zone by non-stop.
Buy if touches 2553-2555 zone. Stop Loss at 2533-2535 zone.
On Positive Side, cross above 2672-2674 zone it can zoom up to 2692-2694 zone and if crosses & sustains at above this zone then uptrend may continue.
Short-Term Investors:
Bearish Trend. 3 closes below 2974 level, it can tumble up to 2510 level by non-stop.
Short-Term Investors:
Bearish Trend. 3 closes below 2974 level, it can tumble up to 2510 level by non-stop.
BSE SENSEX
False signal is likely. Traders can expect rally further.
Short-Term Investors:
Short-Term trend is Bearish and target at around 8129 level on down side.
False signal is likely. Traders can expect rally further.
Short-Term Investors:
Short-Term trend is Bearish and target at around 8129 level on down side.
Maintain a Stop Loss at 8998 level for your short positions too.
Strong & Weak futures
This is list of 10 strong futures:
This is list of 10 strong futures:
Amtek Auto, Ultra Cemco, Maruti, Auro Pharma, Mphasis, TVS Motor, Century Textiles, Shree Cem, Ashok Ley & Grasim.
And this is list of 10 Weak Futures:
Aban, Rolta, Syndicate Bank, NIIT, IOB, ICICI Bank, Indian Bank, Mah Life, Wock Pharma & Pantaloon.
Nifty is in Down Trend.
Nifty is in Down Trend.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 6,875.84. Up by 149.82 points.
The Broader S&P 500 closed at 712.87. Up by 16.54 points.
The Nasdaq Composite Index closed at 1,353.74. Up by 32.73 points.
The partially convertible rupee <INR=IN> ended at 51.53/55 per dollar on yesterday, above Tuesday's close of 51.95/97.
CONSUMER DURABLES Stocks May Fall
NIFTY & SENSEX SPOT LEVELS TODAY
 | 2645.20 | ( 0.87 %) | 22.80 |  |
| 1 | 2 | 3 | ||
| Resistance | 2663.28 | 2681.37 | 2707.03 | |
| Support | 2619.53 | 2593.87 | 2575.78 | |
 | 8446.49 | ( 0.23 %) | 19.20 | | |
| 1 | 2 | 3 | |||
| Resistance | 8507.55 | 8568.62 | 8635.77 | ||
| Support | 8379.33 | 8312.18 | 8251.11 | ||
FII DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 04-Mar-2009 | 889.13 | 1383.35 | -494.22 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 04-Mar-2009 | 692.02 | 573.16 | 118.86 |
--
Arvind Parekh
+ 91 98432 32381
