Archive for March 5th, 2009
Stock calls : 5-Mar-2009
Yesterday the markets opened with a positive bias but unfotunately lacked direction. After day long choppy trading markets ultimately did manage to close in the positive territory.
The markets lacked to find any direction today and remained range bound. The selling pressure continued in the Banking, Power, Consumer Durables and Capital Goods stocks. However, the Metal, Realty, Auto and IT stocks are witnessed some buying momentum.
Nifty finally ended at 2645.20 gaining 23 points or 0.87% on the positive side.
For Tommorrow…
Intraday Support for the market for 05th Mar shall be 2615 & 2600.
While the market will experience resistance at 2681 & 2712.
Best Strategy shall be to buy above 2654 with Stop Loss of 2636
and Sell below 2636 with Stop Loss of 2654.
NIFTY FUTURE 26 MARCH SIGNALS
| Signal | Signal Price | Stop Loss | Target-1 | Target-2 | Target-3 |
| Buy | 2640 | 2618 | 2640 | 2670 | 2701 |
| Short Sell | 2605 | 2625 | 2601 | 2565 | 2550 |
SIEMENS
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 205 | 201 | 214 | ——- |
| REMARKS | CASH INTRADAY |
|
|
|
Power Grid
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 92 | 91 | 93 | 94 |
| SELL BELOW | 90 | 91.5 | 89 | 88 |
JPASSOCIATES
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 66 | 65 | 67.5 | 69 |
| SELL BELOW | 64.5 | 65.5 | 63.5 | 61.5 |
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