MARKET SUGGESTION FOR FEB-12

                               Weeks first day market starts with negatively. Also last two sessions nifty closed below the January month's low. Now market is fully in bears control. This trend is short term only, Long term trend is still bullish only. So this  is only correction. Suppose if nifty fall below 5815 or close below 5815 then we  may meet heavy correction. Upto that don't worry about market & try to buy near 5815 max sl of 5797.
                 We expect upto budget nifty never go below 5815, 5815 will Act as a major support for market now.Some of major firm results are expected this week.If they produce good result then market stable here. But please keep note one thing that is, every rise will be an shorting opportunity. This is the trend going on now.

Nifty resistance-5925-5929, 5960-5968(major)
Nifty support   - 5880-5875, 5852-5845(major) 

Tatasteel    :Buy near 383-385 sl of 381 target
                   will be 391,398
Union Bank:Sell below 231 sl of 235 target
                   will be 226,222

PORTFOLIO ALERT

  Nifty 5900 PE place sl at 53. If 5900 put hit sl  then try to Re-enter below 40.
 THANKS & REGARDS
      NSEBSENOW