NEWS

SO, AS FAR THE NIFTY IS CONCERN THE MAIN QUESTION IN MIND...MARKET WILL TRAP WHO??? BULLS OR BEARS...

AS PER THE TECHNICAL VEIW 9065 IS ACTING AS A MINOR SUPPORT ABOVE THIS NIFTY RESISTANCE@9143 SO AS PER THIS WEEK IS CONCERN ABOVE 9150 IS VERY IMPORTANT FOR BULLS OTHER WISE BEARS WILL BE ON THE FLOOR.

WHAT WE DONE IN PREVIOUS DAYS?

WE HAVE OUR MAJOR POSITIONS IN PNB FUTURE WE BUILD OUR SHORT FROM 146.30 TO 148.55 & COVERED YESTERDAY IN THE RANGE OF 137.80 TO 139.80. SO FOR THIS MONTH WE WERE WEAK IN PNB. & EARN WELL ACCORDING TO TECHNICAL LEVELS .....WHEN PNB MOVES TOWARDS 148 LEVELS ON 16-17 MARCH THEN WE ARE SELLING & NEWS ON THE BOARD FOR 155.....SO NEWS WERE NEWS JUST FOLLOW ONLY 1 THING EITHER FUNDAMENTAL OR TECHNICAL BECAUSE CAR IS ALWAYS DRIVE BY 1 DRIVER.....

SO FOR FURTHER JUST FOLLOW THE LEVELS & TRADE ......FOLLOW THE LEVELS MEANS IF CHART/NEWS IS SHOWING YOU TO EXIT FROM YOUR POSITION IN LOSS THEN JUST DO THAT BECAUSE IT WILL REDUCE YOUR LOSS....SO ALWAYS TRADE WITH STOP LOSS.

NEWS

WHAT WILL FED DECIDE.......RATE CUT OR NOT?

WAIT FOR 30 MIN. COUNTDOWN BEGANS.

STOCK PICK RESULT

TODAY BOOKED FULL PROFIT IN ARVIND! AS HIGH @400.35.

STOCK PICK

HINDUSTAN UNILEVER LTD. (POSITIONAL)

BUY HUL IN THE RANGE OF 875-885 FOR THE TARGET OF ABOVE 920 WITH A STOP LOSS OF CLOSING BELOW 875.

ARVIND LTD. (TIME FRAME  2-3 TRADING DAYS)

BUY ARVIND IN THE RANGE OF 380-390 FOR THE TARGET OF 401 WITH A STOP LOSS OF CLOSING BELOW 375.90.

INDEX

NIFTY UPDATE.

AS ON FRIDAY NIFTY CLOSES @8897.55.... NOW 8880 IS ACTING AS A FUNDAMENTAL SUPPORT BECAUSE IN THIS RANGE FII TOOK THEIR BUYING OF APPROX 1200cr. BUT AS ON THE TECHNICAL BASIS 8830...8795....8539....ARE THE LEVELS ON DOWNSIDE & 8800 ACT AS A SUPPORT ....BUT ON THE UPSIDE 8905....8982 ARE THE LEVELS ALL THESE LEVELS ACT MAJOR ON CLOSING BASIS.

BANK NIFTY 

ON TECHNICAL BASIS BANK NIFTY TAKING SUPPORT OF 20370 BUT BELOW THIS 20130...19980....& MOST IMPORTANT 19480. & ON THE UPSIDE 21023. THE LAST ONE ABOVE THAT ONLY BANK NIFTY WILL BE BULLISH.