Every Market Players understand what Reliance means to market.Market made new high but reliance dint show any brightness on its face. But who takes market to up and down?? neither you nor me but FII takes, not even DII can dare to do alone in such type of adverse environment.However FII took market to new high,But this time FII decided to avoid Whole Reliance Group because of the conflicts between ambani brothers, the conflict affected the values of these stocks not even these stocks but those stocks also which are associated with Reliance group in some way or other.FII chosen other stocks e.g. ONGC,INFOSYS,SBIN,TATAMOTORS,etc. instead of Reliance group.These stocks moved far ahead but Reliance kept on watching these stocks from far behind & probably distance may increase among these in coming days.Dowjones was oversold, moved up on Friday, if there is no bad news in market it ll continue its upmove ,European market is also oversold it should bounce back.Our market should touch 5350 and hold for a healthy correction but if it doesn't hold then 5150 should come but it has least chance.Market may react as per these levels-5265-5328-5368 supports and 5472-5535-5575 resistances.
Trade with caution.Good Luck.
INTRA CALLS-->PLEASE VISIT SITE DURING MARKET HOURS FOR INTRA CALLS.VISIT PAST CALLS MOSTLY HAD CIRCUITS.
DELIVERY CALLS-->BUY PUNJ LLOYD,JPASSOCIATE,CENTURY PLYBOARD,SUJANA TOWER,BENGAL & ASSAM COMPANY,SUZLON,NMDC,NTPC,BALLARPUR INDS. ....THESE ARE LONG TERM GOLD MAKE A FIXED DEPOSIT IN ALL THESE.
BUT FOR SHORT TERM BUY BAGFLMS AT 13 SL 12 IN LARGE QUANTITY & GET HANDSOME & QUICK RETURNS.......ENJOY.
HAPPY & SAFE TRADING.
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