NLD 17-3-2008
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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: 4,745.80 Resistance@ 4810,4870, 4900 Supports @ 4670, 4620, 4600 TGT 5450+ (This TGT is valid till march expiry)
SENSEX: Prev, Close: 17806.20 Supports@ 15220, 15330, 15000 and Resistance @ 15800, 15900, 16000 TGT 18500+ (This TGT is valid till march expiry)
NIFTY Futures: Prev, Close: 4752.80
Buy Nifty Fut @ every declines with Sl below 4649 or short below 4649 (due to gap opening sl is so low)
Market Outlook: Markets are expected to open with gap towards down side. We may continue to see volatile trade , but positive bias will be maintain in market. We may see some basked buying or shorts getting covered in market. And more and more short term long positions will start to build up. Don’t panic in gap down opening be a brave buyer. Do Intra day with sl for small tgts stock specific will continue to rise more and more. Be ready to see some surprise Stock movers.
Stock to Watch out: Our BTST of yesterday SBI. Other Good momentum Stocks to watch are : REL, RELCAP, RELIANCE
Market Rumors / Strategy: Sun outage is getting over on Tuesday be ready to see some huge bulls roaring on
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 : WGap Down opening FIIS are covering short and building there longs and what we are doing listening to people saying 4200 and 4400. Shut down our Television sets or listen to some light music better then hearing CNBC NDTV PROFIT and ZEE BUSINESS. Remember one thing they are here to make money, if they can guide you to the perfection then only u will earn.
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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