Professional Documents
Culture Documents
com
R E W E E K L Y P 04 - 08 Mar 2013 O R T
www.trifidresearch.com
MARKET GOSSIPS
Indian shares fall for 5th week; Budget disappoints. Forex reserves fall to $291.92 billion on February 22. Jet Airways seeks aviation min nod to buy 6 KFA slots. Tata Communications to sell properties in order to raise Rs 2,500 crore. NMDC cuts iron ore lumps prices by 2.5% for March. JNPT seeks Sebi nod to raise Rs 2,000 cr.
www.trifidresearch.com
NIFTY WEEKLY
Markets plunged for the whole week due to major events of Union & Railway Budget and F&O Expiry. Nifty future closed below 23.6% retracement and immediate support is seen near 5600-5550 for the coming week and chance of correction is also seen from these levels. On higher side, 5800 is seen as key resistance above which if it sustains then strength is expected towards 5900.
www.trifidresearch.com
MARKET WATCH
Indices Change
INDEX VALUE PTS %
DATE
25-FEB-13 26-FEB-13 27-FEB-13 28-FEB-13 01-MAR-13
FII
(Figures are in Rs. cr.)
DII
(Figures are in Rs. cr.)
626.89
-45.85
STOCK
AMBUJACEM INFY LAST UPDATE LAST UPDATE
BUY/SELL
SELL BUY
www.trifidresearch.com
TECHNICAL VIEW
MARUTI FUT. HAS FOUND RESISTANCE AT THE TREND LINE AND IS CONSOLIDATING AROUND HIGHER LEVELS AND MAY GIVE A BREAKOUT ABOVE THIS TREND LINE. BUY ABOVE 1435 TARGETS 1470-1510. MAINTAIN SL OF 1370.
www.trifidresearch.com
DISCLAIMER
WWW.TRIFIDRESEARCH.COM
www.trifidresearch.com