1) NIFTY FUT :- OI up 1.94% with flat volumes. Fresh shorts at higher levels.

Unwinding seen in 5000 CE. Unwinding plus call writing seen in 5100 CE.

Call writing seen in 5200 CE. Short covering seen in 4900 PE. Short covering

plus buying seen in 5000 PE. Buying seen in 5100 PE. NIFTY MARCH series

PCR (OI) at 1.44 down by 0.04 points.

2) LONG POSITIONS :- ACC, AREVAT&D, BALRAMCHIN, BGRENERGY,

CIPLA, DABUR, DCHL, GSPL, JSWSTEEL, PETRONET, PRAJIND,

PUNJLLOYD, RNRL, ROLTA, SUNTV, SUZLON.

3) UNWINDING OF LONG POSITIONS :- ANDHRABANK, BHEL,

BHUSANSTL, DENABANK, DLF, HDIL, JINDALSTEL, MCLEODRUSS,

NAGARFERT, PIRHEALTH, RELINFRA, RENUKA, SAIL, TATAMOTORS.

4) SHORT POSITIONS :- ABAN, BANKBARODA, FINANTECH, FORTIS,

ONMOBILE, RELIANCE, SESAGOA.

5) SHORT COVERING :- ABIRLANUVO, ADANIENT, ALBK, BANKINDIA,

BHARTIARTL, EKC, FSL, GAIL, INDIAINFO, POLARIS, UNIPHOS.

6) SECTORS TO WATCH NEXT SESSION  :- HOTEL, REFINERY, CEMENT.

:-: COMMENTS :-:

Sideways move possible. But stock specific move will remain.

RAVI TARDEJA

www.fnoprofit.com

DATE :- 05-03-2010

TIME :- 07:50 P.M.