CNXNIFTY. [ 20.03.2013. At 05.45 AM]

On 19-03-2013, CNXNIFTY closed at 5,745.95, earlier close was at 5,835.25. [-1.5%]

SMA [3, 5, 9]: 5818, 5843, 5875.

PP: 5,777.95.

R: 5,831.60, 5,917.25, 6,002.90.

S: 5,692.30, 5,638.65, 5,553.00.

SIGNAL: -

GREEN     D.ZONE       RED

BUY ABV   SL FOR BUY

5792.00   5759.00     5749.00.

RSI {14}39.43

Bullish stock – ABGSHIP & BIOCON.

Bearish stock – HDFCBANK.

ABGSHIP has resistance at 320 & support at 304, weak below 302.00. BIOCON strong support at 272.00, weak below 270.00 & resistance in the range of 286 to 290.00

HDFCBANK likely to face resistance in the range of 640 to 646.40.

s_mahesh45@yahoo.com