Monday, 26 November 2012

MARKET VIEW FOR NOV-27

                      Markets are very very range bound and giving confusion for everyone. But keep one thing in your mind that FII's silently buying in equities. So they never leave our market to go down. But any way be careful at any higher level...Nifty last three session closed above 5625 level only.This is some what bullish for us.But we have very effective resistance in the range of 5640-5657 Once it cross and close above this level then we may see good bounce.

             Nifty is buy above 5657 or below 5610 with sl of 5590 closing basis. In between 5610-5657 zone you just avoid trading.

ORIENTAL BANK :Sell below 311 sl of 316 target 
                          will be 308,304
SUN TV         :Sell below 378 sl 383 target
                        will be 372
HINDALCO     : Buy above 111 sl 109 target
                     will be 116 (positional)



PORTFOLIO ALERT
   Last friday we exited from sun tv & bought Tata steel...It was updated in our Portfolio pages... Please check it.

 Very soon  we will start our short term calls also... 


THANKS & REGARDS
      NSEBSENOW