MARKET ON 3RD DEC 2010

SHRI GANPATHI & SHRI SATYANARAYAN 

IT WILL BE  A ROUGH RIDE TODAY. BOTH NIFTY & SENSEX WILL SHOW VOLATILE MOVEMENTS.

THE RANGE WILL BE 5980-6060-6080 FOR NIFTY. MARKET WILL OPEN HIGHER AND THEN COME DOWN DURING THE DAY OR FAG END OF THE DAY AND THEN MAY RISE AGAIN  TOWARDS THE CLOSE. NO BUYING/SELLING SHOULD BE MADE IN THE MORNING AS THE MARKET WILL TAKE DIP DURING THE NOON HOWEVER BUYING COULD BE MADE IN OPTIONS FOR THE NEXT WEEK

STOCKS TO WATCH AND BUY FOR 5 TRADING SESSIONS ARE:

 S KUMAR FOR TARGET OF 100++ IN DEC FUT ( NO OPTIONS AVAILABLE )

SBI FOR TGT OF 3300-3360-3440+++ IN DEC FUT ( BUY CA 3100, CA 3200)

RELIANCE FOR TGT OF 1040-1070+++ IN DEC FUT ( BUY CA1000)

NIFTY CE 6000 & CE 6100  SHOULD BE ACCUMULATED ONLY ON DIPS IN NOON

MARKET POISED TO BE VERY BULLISH FOR DECEMBER EXPIRY AROUND 6300+++ BUT THERE COULD BE A PAUSE AROUND 6180-6200 LEVEL AFTER WHICH THE MARKET SHALL   MAKE NEW HIGH 6450-6500.

ONE SHOULD HOLD THE LONGS TILL FURTHER AMENDMENTS IN THE VIEW.....

FOR ANY UPDATE MAIL ME AT vikas198012003@yahoo.co.in

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.

Nothing in this article is, or should be construed as, investment advice.

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