Market for Next Week

Market for Next Week

03.03.2012 to 09.03.2012

Weekly Support and Resistance

Index R3 R2 R1 Piv.Pnt S1 S2 S3 Nifty 5646.43 5552.62 5455.78 5361.97 5265.13 5171.32 5074.48 Nifty Fut 5685.68 5600.82 5495.93 5411.07 5306.18 5221.32 5116.43 SENSEX 18388.99 18195.17 17769.28 17575.46 17149.57 16955.75 16529.86

Nifty  02.03.2012 5359.35               Sensex  02.03.2012 17236.80

TRADING HOLIDAY ON THURSDAY 08.03.2012 (HOLY)

Nifty expected the range between 5260 to 5460, if SPOT nifty trade below 5260 go short

with strict stop loss @ 5365 target for 5175 and 5075, If trade above 5470 Buy with the 

target for 5550 and 5650 stop loss remain the same

Over Sold Nifty/Sensex Stocks

NIL

Over Bought Nifty/Sensex Stocks

BPCL, RPOWER,  

Neutral Nifty/Sensex Stocks

ACC, AMBUJACEM AXISBANK, BAJAJ-AUTO, BHARTIARTL, BHEL, CAIR, CIPLA,    COALINDIA, DLF, DRREDDY, GAIL, GRASIM, HCLTECH, HDFC, HDFCBANK, HEROMOTOCO,   HINDALCO, HINDUNILVR, ICICIBANK, IDFC, INFY, ITC, JINDALSTEL, JPASSOCIAT, KOTAKBANK, LT, M&M, MARUTI, NTPC, ONGC, PNB, POWERGIRD, RANBAXY, RCOM,,RELIANCE, RELINFRA, SAIL, SBIN, SESAGOA,  SIEMENS, STER,  SUNPHARMA,  TATAMOTORS,TATAPOWER, TATASTEEL, WIPRO

NSE WEEKLY GRAPH 27.02.2012-02.03.2012

BSE WEEKLY GRAPH 27.02.2012-02.03.2012

Important Board Meetings for Next  Week

BHARATFORG	BHARAT FORGE LIMITED	03-Mar-2012	Interim Dividend
TELEDATAGL	TELEDATA INFORMATICS LIMITED	05-Mar-2012	Results/Others
NRBBEARING	NRB BEARING LIMITED	06-Mar-2012	Miscelleneous
SHILPI	SHILPI CABLE TECHNOLOGIES LIMITED	07-Mar-2012	Un-audited Financial Results
GRAVITA	GRAVITA INDIA LIMITED	09-Mar-2012	Share Split