Sunday, March 1, 2009

02/03/2009 mkt view

Still 2800 works as an great resistance for the market and 2700 as a strong support area...

Only banking can bring the nifty above 2800 and the same can get it down to 2700 below...

At the same time we may see rpl at Rs. 60/65 rate to get comfortable swap ratio with RIL... so be careful with rpl...after merger ril will be good to buy...

There are more chances that market may hold it with 2700 and banking sectort play its part.


Hold sbin with 1000 strict sl with tgt of Rs. 1100+

DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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