SHREE GANESHAY NAMAAH !

Cupids bow fails to burst market bubble; 5500 key for Nifty

In another range bound session, the Nifty continued to hold well above 5,400. Confidence returned as investors preferred their 'buy-the-dip' mode. Sudarshan Sukhani of s2analytics.com says it seems more likely that in the next couple of days we could make a move close to 5,600 and not 5200 !

Stocks To Watch :

Cash Market : Positional Call Buy Tulip (532691) @ 111, With closing SL of 105, For tgt Of 114.50 / 117 / 121 / 126 / 129 For 1 Week ! 1st Tgt Hit, High Made 115.75 !

DELIVERY CALL ADD DABUR (I) @ 95-97, OR ON DECLINE AT 91--93, WITH CLOSING SL 86 FOR TGT OF 99.50 / 103 / 105 / 108 / 112 / 115 ! FOR 10-15 DAYS ! 2nd tgt Hit, High Made 104.50 !

VISIT WEBSITE FOR DAILY TRADING CALLS WITH STRICT SL AND UPDATES FOR PREVIOUS DAYS CALLS !

Nifty Future CMP 5355.20, If Closes Above 5403 Wil Lead To 5442 / 5476 / 5495 / 5545 / 5585, Closing Below 5315 Wil Lead To 5292 / 5278 / 5248 / 5221, If Closes Below 5221 Major Fall Expected ! Otherwise Upside Tgt Above If CLosed Above 5221 !

NIFTY FUTURE CHART :




Supp. 5328 / 5368 / 5408 / 5430 CMP: 5440.35 Resis. 5458 / 5476 / 5498 / 5536 !

BANK NIFTY FUTURE CHART :




Supp. 10220 / 10381 / 10436 / 10540 CMP: 10589.15 Resis. 10646 / 10745 / 10826 / 10984 !

Market Updates : 

Yesterday's Volume Spurts :

Eicher Motors clocked volume of 75,684 shares on BSE, a 38.01-times surge over two-week average daily volume of 2,000 shares. The stock falls 0.26% to Rs 1718.80 !

Sasken Communication Technologies notched up volume of 8.68 lakh shares, a 30.33-fold surge over two-week average daily volume of 14,000 shares. The stock was locked at 20% upper circuit at Rs 129.20 after the company said its board would meet on 16 February 2012 to consider a share buyback !

Jyothy Laboratories clocked volume of 5.89 lakh shares, a 29.01-fold rise over two-week average daily volume of 14,000 shares. The stock surged 15.75% to Rs 199.55 !

Dabur India clocked volume of 58.37 lakh shares, a 13.82-fold surge over two-week average daily volume of 4.14 lakh shares. The stock rose 2.63% to Rs 103.40 !

India Infoline clocked volume of 31.48 lakh shares, a 5.2-fold rise over two-week average daily volume of 5.81 lakh shares. The stock rose 4.79% to Rs 71.15 !

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !