Market Report 14 Feb 08

No of good newzz some FII buying and some support of DII and here we are 200 DMA crossed thats what we are thinking of right now.. Yesterday everyone has seen how badly the resistance is at 4977 lvls.
The nifty tried to cross its 200DMA 2 times but both time s fresh round of sell of ,and we were unable to do so .. with the morining gains of 500+ points we only managed to close with 300+ points of gains..

But throughout volumes were good and nifty is trading in premium . We with completely changed our view agains our market ,and are gvng swing calls and as u can see er are giving performance .. more then expected.. all calls in intraday not onlyy banging our targets but almost trading above targets and also giving u enough time to buy and sell...

WIth lots of positive cues specially from JAPAN economy where the bears were dancing from last few months .. Japan Eco growth has beaten the market expectataion and is been given the growth of 3.7% .. theJapan markets is up almost 400points this morning ...

We have seen our mid caps been hopped out swerely ..
We expect midcaps to make a come back very smartly and they will be handsome gains in all the mid caps ...specially reccom by moneygurus..

We expect markets to rally today with positive closing yesterday we expect markets to perform much better then yesterday specially IT , metals , banking .. are expected to perform majorly ..

We have favrt piks banks here given in forum to our memebrs...

our three days bak call unitech performed yeserday ... and u can see almost 15% up in a single day..

RIL call yesterday gained almost 100 Rs .. RIL is in newzz for discovering natural gas.is Krishna Basin . still the effect would be there in RIL today.. we expect script to makefurther action...

Watch out for..
..

Zensar Technologies, a Pune-based IT and BPO services firm is close to making two acquisitions in Germany and Switzerland.

DLF bags title sponsorship rights of IPL Twenty20 at Rs 200 cr for a period of 5 years..

Axis Bank cut its benchmark prime lending rate (BPLR) 25 basis points to 14.75% effective ..

Consumer products company Hindustan Unilever Ltd (HUL) reported its highest quarterly growth in the last nine years, with net sales growing by as much as 16.8% in the December quarter....
Parsvnath and Indiabulls Real Estate to jointly bid for 10 prime locations offered by India Railways..

Tata Communication, formerly known VSNL, to invest $2bn over the next three years to expand its submarine cable business..
Crompton Greaves acquires 40% stake in their Indonesian joint venture PT Pauwels Trafo for US$10.7mn.

NTPC agrees to invest Rs4.75bn in Ratnagiri Gas & Power to increase capacity charge..

major resis nifty at 5250 .. supp at 4800 lvls...







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