Post Session Market Update 12 March 2010

1) NIFTY FUT :- OI marginal down with 14% decreasing volumes.

Unwinding at higher levels. Unwinding plus call writing seen in

5100 CE. Aggressive call writing seen in 5200 CE. Short covering

at lower levels seen in 5000 PE. Buying at lower levels seen in

5100 PE. Buying seen in 5200 PE. NIFTY MARCH series PCR

(OI) at 1.62 down by 0.12 points.

2) LONG POSITIONS :- BAJAJ-AUTO, CAIRN, JINDALSAW,

NATIONALUM, STER, YESBANK.

3) UNWINDING OF LONG POSITIONS :- ALBK, AREVAT&D,

EDUCOMP, FORTIS, HDFCBANK, INFOSYSTCH, LITL,

RANBAXY.

4) SHORT POSITIONS :- ABAN, ASHOKLEY, BALRAMCHIN,

GVKPIL, HDIL, HINDUNIVR, IBREALEST, IVRCLINFRA, LT,

MCDOWELL-N, MCDEODRUSS, RCOM, RENUKA, WELGUJ.

5) SHORT COVERING :- BAJAJHIND, BANKINDIA, MPHASIS,

PATNI.

6) SECTORS TO WATCH NEXT SESSION  :- MIDCAP IT,

CAPITAL GOODS.

 

:-: COMMENTS :-:

Early signs GAP UP and GAP DOWN opening to back soon.

 

RAVI TARDEJA

www.fnoprofit.com

DATE :- 12-03-2010

TIME :- 08:28 P.M.