NIFTY FUTURES (F & O)
Above 2606-2608 zone, rally may continue up to 2620 level by non-stop.
Above 2606-2608 zone, rally may continue up to 2620 level by non-stop.
Support at 2586 & 2591 levels. Below these levels, expect profit booking up to 2578-2580 zone and thereafter slide may continue up to 2557-2559 zone by non-stop.
Buy if touches 2510-2512 zone. Stop Loss at 2490-2492 zone.
On Positive Side, cross above 2667-2669 zone it can zoom up to 2687-2689 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.
(Correction: We made a mistake on yesterday. It should have been typed as "Technically uptrend should continue". But we typed "Traders can expect profit booking". Error is regretted).
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:
BRFL, Amtek Auto, Mphasis, Shree Cem, M&M, Escorts, Maruti, Hero Honda, Ashok Ley & Century Textiles.
And this is list of 10 Weak Futures:
Rolta, Aban, Indian Bank, Ranbaxy, Syndicate Bank, EKC, WelGuj, Triveni, Tata Chem & MoserBaer.
Nifty is in Up Trend.
Nifty is in Up Trend.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 7,170.06. Up by 239.66 points.
The Broader S&P 500 closed at 750.74. Up by 29.38 points.
The Nasdaq Composite Index closed at 1,426.10. Up by 54.46 points.
The partially convertible rupee <INR=IN> ended at 51.88/90 per dollar on yesterday, weaker than Monday's close of 51.85/87.
SMALLCAP Stocks May Zoom
NIFTY & SENSEX SPOT LEVELS TODAY
 | 2617.45 | ( 1.72 %) | 44.30 |  |
| 1 | 2 | 3 | ||
| Resistance | 2650.87 | 2684.28 | 2722.47 | |
| Support | 2579.27 | 2541.08 | 2507.67 | |
 | 8343.75 | ( 2.25 %) | 183.35 | | |
| 1 | 2 | 3 | |||
| Resistance | 8430.71 | 8517.68 | 8595.64 | ||
| Support | 8265.78 | 8187.82 | 8100.85 | ||
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 | 12-Mar-2009 | 1863.16 | 2050.02 | -186.86 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 12-Mar-2009 | 725.96 | 498.86 | +227.1 |
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Arvind Parekh
+ 91 98432 32381
