NLD for 26-2-2008
!!!Om Shree Sadguru Dev Namah!!!!!!!!!!
!!!Om Shree Parsvantha Bhagwan Namah!!!!
!!!Om Shree Mahalaxmi Maat Ki Jai!!!
This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.
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NIFTY: Prev, Close: 5,200.70 Resistance@ 5240,5280 and 5325 Supports @ 5170, 5152 and 5120 TGT 5450+ (This TGT is valid till feb expiry)
SENSEX: Prev, Close: 17650.57 Supports@ 17520, 17200 and Resistance @ 17,780, 17890 TGT 18500+ (This TGT is valid till feb expiry)
NIFTY Futures: Prev, Close: 5209.60
Buy Nifty Fut @ every declines with Sl below 5180
Market Outlook: Markets are expected to open with gap. We may continue to see volatile trade and but positive bias will be maintain in market. We may see some basked buying or shorts getting covered in market. But, Profit booking at higher levels don’t ignore that. Be Surely stock specific only.
Stock to Watch out: Our BTST of yesterday Unitech, Kotak Bank and Essar Oil. Other Good moementum Stocks to watch are : REL, RELCAP, RELIANCE Ind, SAIL and Tata Steel.
Market Rumors / Strategy: Budget is coming, this is last budget of Chidambaram and of govt. they have to give compulsory a good budget, in other words it should be aam aadami Budget. They are force to give aam adami budget then only they will get vote and come into power. So now buying rally which started today on 25th feb will continue tomm as well. Well Don’t built huge positions for time being, keep trailing stop loss and be stock specific and moreon if intraday profits book for time being as we can always enter next day again.
Important: Don’t ask everyone what is market outlook and everyone will make u confuse. Trust one person and just follow him. Let the Dogs Bark why we want to listen to them.
Stupid Logic : Well stupid logic is this rally will continue till budget and also one more after that and this will majorly lead by frontline stocks. So, avoid midcaps and be stock specific in large caps.
Kindly wait for First 5 – 10 mins before buying or selling anything
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Good Luck,
Disclaimer : Trade -Profit has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, Trade-Profit does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Trade-Profit especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. Trade-Profit will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information.
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