INDOCES IS STILL IN POSITIVE 30/03/2010

Indices is still in positive territory and may move up to 17800-17900-18220 & 5320-5360-5435 under the leadership of Banking Sector. For, the said journey in near term one should watch for the support at 17645-17555 & 5282-5255

SUPPORT FOR BANKNIFTY 30/03/2010

BANKNIFTY

Reversal Level 9524.1

Resistance 1 9595.2

Resistance 2 9660.6

Support 1 9458.7

Support 1 9387.6

SUPPORT FOR BANKNIFTY 18/03/2010

BANKNIFTY Support 1 9102.02

Support 1 9147.83

Pivot Point 9188.42

Resistance 1 9234.23

Resistance 2 9274.82

SUPPORT FOR NIFTY18/03/2010

NIFTY Support 1 5194.73

Support 1 5217.17

Pivot Point 5244.53

Resistance 1 5266.97

Resistance 2 5294.33

BANKNIFTY Support 16/03/2010

BANKNIFTY Support 1 9010.47

Support 1 9045.83

Pivot Point 9096.42

Resistance 1 9131.78

Resistance 2 9182.37

NIFTY Support 16/03/2010

NIFTY Support 1 5093.8

Support 1 5112.85

Pivot Point 5124.55

Resistance 1 5143.6

Resistance 2 5155.3

support for the markets 15/03/2010

On the daily chart, we are witnessing series of narrow range candlestick bodies, which indicates indecisiveness

and lack of clear trend. Hence, we are of the opinion that if indices trade above 17245 / 5158 levels then it is

likely to test 17360 – 17580 / 5200 -5250. On the downside side 17027 – 16890 / 5092 – 5050 may act as a

support for the markets.

BUY CALL BHARTIARTL 12/03/2010

BUY CALL BHARTIARTL CMP 297.50-298 FOR TARGET 308.10 STOP LOSS 291 (1-2DAY>

INTRADAY CALL SELL NIFTY 12/03/2010

INTRADAY CALL SELL NIFTY CMP 5150-5155 STOP LOSS 5170 TARGET 5110

BANKNIFTY Support 12/03/2010

BANKNIFTY Support 1 9014.87

Support 1 9099.73

Pivot Point 9159.87

Resistance 1 9244.73

Resistance 2 9304.87

NIFTY Support 12/03/2010

NIFTY Support 1 5078.48

Support 1 5112.67

Pivot Point 5136.78

Resistance 1 5170.97

Resistance 2 5195.08

BANKNIFTY Support 11/03/2010

BANKNIFTY Support 1 9030.57

Support 1 9073.13

Pivot Point 9112.57

Resistance 1 9155.13

Resistance 2 9194.57

NIFTY Support 11/03/2010

NIFTY Support 1 5073.88

Support 1 5096.07

Pivot Point 5117.83

Resistance 1 5140.02

Resistance 2 5161.78

BANKNIFTY Support 10/03/2010

BANKNIFTY Support 1 9016.4

Support 1 9069.6

Pivot Point 9112.3

Resistance 1 9165.5

Resistance 2 9208.2

NIFTY Support 10/03/2010

NIFTY Support 1 5072.15

Support 1 5084.6

Pivot Point 5104.65

Resistance 1 5117.1

Resistance 2 5137.15

BANKNIFTY Support 09/03/2010

BANKNIFTY Support 1 9038.72

Support 1 9085.43

Pivot Point 9126.72

Resistance 1 9173.43

Resistance 2 9214.72

NIFTY Support 09/03/2010

NIFTY Support 1 5082.77

Support 1 5100.13

Pivot Point 5122.57

Resistance 1 5139.93

Resistance 2 5162.37

INTRADAY TIPS BUY KOTAK

BUY KOTAK BANK @ 782 TRG 792 SL 770 1-2 DAY

BANKNIFTY Support 05/03/2010

BANKNIFTY Support 1 8925.52

Support 1 8968.03

Pivot Point 9009.02

Resistance 1 9051.53

Resistance 2 9092.52

NIFTY Support 05/03/2010

NIFTY Support 1 5034.15

Support 1 5057.7

Pivot Point 5073.85

Resistance 1 5097.4

Resistance 2 5113.55

Buy ICICI Bank 05/03/2010

Buy ICICI Bank for 4-6 weeks at CMP of Rs.830 With the SL of Rs. 770 and Trg. Price of Rs.950. (booked Profits @ 905)

Buy KS Oil 05/03/2010

Buy KS Oil for 3-4 weeks at CMP of Rs.70 With the SL of Rs. 67 and Trg. Price of Rs.78 (TESTED 73.20)

Buy Bayer Crop 05/03/2010

Buy Bayer Crop for 6 weeks at CMP of Rs.586 & on declines upto Rs.560 With the SL of Rs. 520 and Trg. Price of Rs. 650 - 660 (TESTED 606)

Buy JK Tyres 05/03/2010

Buy JK Tyres for 4 months at CMP of Rs.170.6 & on declines upto Rs.160 With the SL of Rs. 150 and Trg. Price of Rs.240 - 245 ( TESTED 205)

Buy Apollo Tyres 05/03/2010

Buy Apollo Tyres for 6-8 weeks at CMP of Rs.58 & on decline upto Rs. 54 With the SL of Rs. 50.5 and Trg. Price of Rs.68 (TESTED 66)

MARKET MOMENTUM 03/03/2010

The momentum on the upside was witnessed

in the latter half of session to close near the days high. The coming session is likely to trade with positive bias.

On the upside indices are likely to test 17000 - 17150 / 5100 – 5150 levels. On the downside 16540 – 16400 /

4957 – 4900 may act support for the day.

BANKNIFTY Support 03/03/2010

BANKNIFTY Support 1 8717.15

Support 1 8823.2

Pivot Point 8886.05

Resistance 1 8992.1

Resistance 2 9054.95

NIFTY Support 03/03/2010

NIFTY Support 1 4940.53

Support 1 4981.67

Pivot Point 5008.18

Resistance 1 5049.32

Resistance 2 5075.83