09.30 Market open with negative biossss......
Nifty opened with a gap down on back of Asian cues and Closed at 4734 Levels. Mid-caps were more stronger than the Frontliners, with Notable gainers Like Gss America, Zenith Expo, Selan, Orchid Chem, Fiem Ind, Subex,Seamec. Profit booking in Frontliners , especially the banking, Sofware and Power sector put pressure on the Indices. There were more declining stocks than Advancing stocks. On the Losing Side, Guj Nre coke, India bulls Fin, Relcap, HDIL, Hdfc Bank, Ongc, DLF, Godrej Ind, ETC was down sharply. Indian Markets under performed the world Indices today. Nse adv/Dec ratio was 2:3. Nifty to Find Support at 4620, breaking which Nifty can reach to new Lows. In that case, an index of 4200-4100 Levels
9:57:49 AM): BUY GAIL @ 430 SL 422 TGT 436 - 38
10:11:41 AM): Buy 4800 NIFTY Call at 150 with 25 points stop loss
10:13 AM): Buy Nifty April futs. @ 4740 SL 4730 Tgt 4782
10.19 AM Nifty April futs TGgt Achived @ 4782
10:21:17 AM Sell Bank Nifty April Fut @ 6720 SL: 6746.1 Tgt: 6588
10:39:19 AM): BOOK PROFIT NIFTY 4800 CALL @170...Breave hearts can buy Birla jute fut @201 tgt 250 shortterm...ORCHID 2ND TGT ACHIVED (YESTERDAY REC ABOVE 165 TGT 168,172
11:31:54 AM): BANK Nifty April Fut Short recomm @ 6720 tgt 6588 Achived
11:42:28 AM): SHORT ADLAB FUT SL 615 CMP 607,Nifty fut brokennnn yestereday'sss lowww.4703.Tgt still intact 4687 / 4662 / 4631...Cmp 4703...Resistance @ 4743 / 4782
11:52:49 AM): BOOK PROFIT ADLABS FUT @590 REC SHORT @607
12:02:44 PM): Technical support for Sensex 15300, relief rally can be expected.Below 15298 ( closing basis ) Market may test the recent bottom 14677..so becarefull
12:28:41 PM): BUY SUZLON 268 SL 265 TGT 280
12:47:15 PM): NIFTY ALL TGTS ARE ACHIVEDD...LOW MADE 4626 WE TOLD U 4631...Buy LITL fut 390 sl 380 tgt 405-416 SL 265 TGT 280
1:00:13 PM):buy Sbi Fut @ 1605 tgt 1630, 1645
2:00:56 PM): SBI 2ND TGT ALSO ACHIVED..LITL ALSO DONE BOTH TGTSSS...SUZLON ALSO TGT DONE
2:59:18 PM): btst HDIL FUT @660 SL 651.8 TGT 690,700, buyBuy Unitech Fut @278 tgt 290 with sl 274.8
Pnmm Advisory 09908326842/ 09393937343/ pnmm18@yahoo.co.in