morning thoughts..

Well the markets yet opened lower and tried to gain grounds but could not sustain at higher levels showing tremendous resistance at 5500 levels , where the supply zone comes in full flow.
On the lower side good supports exists at 5390 levels and major supports at 5350 levels where buying would emerge.
Technically the markets looks in a range and would remain sideways with consolidation.
So one should buy dips and sell rallies.
The supports for the nifty is at 5350 levels and resistance at 5475 levels.
The supports for the sensex is at 17700 and resistance at 18300 levels.


Yesterday’s calls sent via sms and messenger

Indusind bank – buy at cmp 222 sl 219 targets 228 , went 225

Bajaj hind – buy at cmp 118 sl 116.50 targets 123 , went 125

Triveni eng – buy at cmp 103 sl 101.50 targets 106 , went 105.35

Nifty – buy at cmp 5442 sl 5425 targets 5480 , went 5473.95

Nifty 5500 ce – buy at cmp 30 sl 23 targets 45 , went 38.60

Billioniare drum Ganesh housing- buy at cmp 198 sl x targets x – holding

Tisco 540 pa – buy at cmp 15 sl 13 targets 22 , went 27.25

Stbt Suzlon – sell at cmp 55 sl 56 targets 51 - holding