WEEKLY RECOMENDATION

                      Friday nifty bounced very strongly and hit  our target 5551 & closed above that. Also bank nifty, Lic housing hits our all targets......How was our calls??? Still market in bullish mood, monday also seems to be gapup opening. Keep watch nifty at 5663 level. In this level market may go profit booking or consolidation for further upmove. Our view or advice is keep & keep on book profit where ever you see.....

                 One think everybody keep in mind Diesel price hike will be benefited  only for those oil companies not for consumers...See what will happened for this diesel hike ? All consumer product price will go up, agri food price go up, traveling expenses will go up, auto sale will come down etc etc......Then why market going strong? Because of global markets are strong, so FII's moving our markets.

                We are recommending to all please keep cash on your hand to buy at lower levels or buy some under value stock or low beta stock. If you holding any longs please hedge your holdings to rectify losses.

                Now nifty will have to close above 5663 for further up move, other wise please go short near by 5640-5653 with sl of 5663 on closing basis.

Further details please contact us

nsebsenow@gmail.com

spshreeragavakishoor@gmail.com