Friday

SENSEX VIEW:

TODAY THAT TREND LINE SUPPORT IS AT 17570, SO IF IT BREAKS AND SUSTAIN BELLOW 17570 FOR HALF AN HOUR, THEN DOWN SIDE CONFORM UP TO 17500 TO 17410 AND POSSIBLE UP TO 17300.. BELOW 17270 DOWN, TARGET 17060, 16950

SENSEX HAS RESISTANCE AROUND 17940 TO 18075 LEVELS, SO IF SENSEX BREAK AND SUSTAIN AB 18100 FOR HALF AN HOUR THEN UP SIDE CONFORM UP TO 18300 TO 18350 AND POSSIBLE UP TO 18510 (TO FILL THE GAP DOWN OPEN WHICH HAD HAPPENED ON 5TH FEB)


ASSUME FERTILIZER STOCKS WILL HAVE SOME BENEFIT FROM BUDGET, SO CHAMBLE FERT, NAGAR FERT, NATIONAL, TATA CHEMICAL, RASTRIYA CHEMICAL ARE GOOD, I WILL SEND THE BUY RATE THROUGH SMS,


PHARMA STOCKS ALSO GET SOME BENEFIT, BUT IT ALREADY WENT UP, SO BE CARE FULL OR BE QUICK IN PROFIT BOOKING ( THEY WILL MOVE FURTHER ACCORDING TO THE BENEFIT FROM BUDGET),



BUY CHAMBLE FERT AB 65 TO 67 TARGETS 72, 81, S/L 59 ON CLOSING BASIS

CHAMBLE FERT

DON’T TRACE THE FLYING SCRIPTS, BE CARE FULL

BEST OF THE DAY

EIH LTD AB 195
HEROHONDA AB 750
ITC AB 206
MM AB 686