WEEKLY MARKET UPDATE: 6TH DEC 2010 -10TH DEC 2010

NIFTY:         5992.80 (SPOT)      &       6025.90 (FUTURE)


RANGE FOR THE WEEK:             5900-6200
(BASED ON ASTROLOGICAL CALCULATION)


Nifty shall not go below 5900 in the worst case scenario any long should be kept with the stop-loss of 5900. On the higher side 6200 should be upper limit where partial profit booking should be done.


Metals, Banks and Sugar Stock looks good.


Stocks to go long:
( Delivery for 10-15 days)
Ingersoll Rand  cmp: 457 tgt 500+++
Mirza International cmp: 23.30 tgt 28++++
Thermax cmp: 872 tgt 950++++++


Buy in F&O:


CE 6000  cmp: 114 tgt 200-250-300.
CE 6100 cmp: 65 tgt 100-150.
CE 6200 cmp: 33 tgt 70-100


CA SBI 3100 cmp: 95 tgt 120-160-200
CA SBI 3200 cmp: 73 tgt 100-150


CA RELIANCE 1000 cmp: 36.60 tgt 50-70
CA RELIANCE 1020 cmp: 25.75 tgt 40-50


Buy Future & Options in Panic Selling ( if any)




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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