SRF (Close 185.75) : This stock had made high of 204 on 20.02.2013 and has subsequently made retracement of 38.2% 183.95 on 28.02.2013. Short term risk takers can buy this stock above 186 with strict stop loss of 183.70 for target of 192 and 197.
Saturday, March 2, 2013
Index View : Spot Nifty
Nifty Spot (Close 5719.70) : If Nifty trades above 5713 level during first half hour of trading, one can go long for target of 5746,5772 and 5805 and if trades below can come upto 5686, 5653 and 5627.
NIFTY 20 DMA : 5880
NIFTY 50 DMA : 5946
NIFTY 100 DMA : 5844
NIFTY 200 DMA : 5522
Pick of the Week : Buy ACC
ACC (Close 1267.40) : Buy ACC above 1266 with stop loss of 1250 for target of 1282,1296 and 1313. Stock has formed Doji pattern on charts.
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