Friday, March 13, 2009

Technical Strategy for 13th March 09

Happy Morning. Dow +239 , Nasdaq +54.46 , Asia up by almost3%, US $51.74, Crude 46.70 , Gold 925, Sgx Nifty +99 , Nifty Daily Pivot 2612 , R1 2650 , S1 2579


F. Nifty levels:-

Pivot Point: 2606 ; Resistance: 2630 ; Support: 2576
Stocks to Watch: KSK ENERGY, ESCORTS LTD, PAPER PROD

Previous days High Crossed: CENTURY TEXT, EDUCOMP SOLN, ICICI BANK, INFOSYS TECH , MARUTISUZUK

Previous days Low Crossed: ASIAN PAINTS, BHARTI ARTL, GLAXOSMITH, TATA POWER , TITAN IND.


Positional view of Trend changing stocks
Stocks to Buy at Lower levels.
ACC LTD @ 535.00 , Sl 520.00 ,Cmp 541.00
DIVI'S LAB. @ 860.00 , Sl 840.00 ,Cmp 871.00
HERO HONDA @ 955.00 , Sl 935.00 ,Cmp 972.00

Stocks to Short at Higher levels.
GLAXOSMITH @ 1183.00 , Sl 1189.00 ,Cmp 1176.70
BEL @ 845.00 , Sl 863.00 ,Cmp 835.30
ULTRATECH CM @ 462 , Sl 471.00 ,Cmp 452.60

allvoices

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