MARCH MONTH MARKET LOOKING TO GO BEAR MARCH

                             Market seems to be started his heavy bear march in this march month.Now please don't expect any new high in this year. Below 5739 market totally weak. Now nifty's next major support is around 5551. Market may fall another 150 points from here. Except IT sector all sectors are now looking so weak. India's next financial year growth has fixed 6.5%. But short term we are in critical position only.All world markets are creating multi year high but our market fallen more than 400 points from January high. Monthly closing of nifty also so bad.Budget unable to fulfill our market expectation & Although not bad one.
                After a long time FII's starts to sell their holding now & DII's starts their investments. In a single day of anti reaction of FII's status changes the market trend with heavy fall, suppose if they continue this process for some days then market would fall more & more. As per OI nifty having 5700 little support. Now trend is every bounce is a chance for go short. Nifty weekly chart looking so weak.

 Nifty levels:                                                                                             Nifty resistance- 5735-5740, 5775-5783(major)                                     Nifty support   -  5670-5657 (major) Below this again free fall.

Stock calls:  

BANK OF INDIA  : Sell below 316 sl 321 target 
                           will be 311,307
INDUSIND BANK:Sell below 411 sl of 416 target
                             will be 406,403

PORTFOLIO ALERT

  Please hold all stocks....

THANKS & REGARDS
      NSEBSENOW