morning thoughts..

As expected and said the markets continued with its uptrend and maintained the crucial levels of 9500.
Technically the markets are still up and the trend looks intact with crucial levels to watch at 9500.
From a trading point of view , one should be long at dips and book profits at higher levels around 10700-800.
Structurally the markets can target levels of 11500 on sensex front in coming days on stretched and over bought territories.
The supports for the nifty is at 2975 levels and resistance at 3250 levels
The supports for the sensex is at 9700 levels and resistance at 10800 levels


Stocks to watch

Hcc, mundra port looks good



Friday’s calls sent via sms and messenger

Nifty – buy at cmp 3171 sl 3155 targets 3200

Ibrealest – buy at cmp 106 sl 103 targets 111

Nifty 3200 ce – buy at cmp 95 sl 84 targets 110

Punj lyod – buy at cmp 96.50 sl 94.50 targets 101

Dlf 200 ca – buy at cmp 10.50 sl 8 targets 14

Fii Acc – book full profits at 610 – long from 585