CNXNIFTY

On 20-03-2013, CNXNIFTY closed at 5,694.40, earlier close was at 5,745.95. [-0.9%]

SMA [3, 5, 9]: 5759, 5811, 5857.

PP: 5,707.35.

R: 5,732.35, 5,770.30, 5,808.30.

S: 5,670.00, 5,645.00, 5,607.00.

SIGNAL: -

GREEN     D.ZONE       RED

BUY ABV   SL FOR BUY

5722.00   5689.00     5678.00.00.

RSI {14}36.17

Bullish stock – NATCOPHARM.

Bearish stock – SRTRANSFIN.

I will buy NATCOPHARM above 436.50, stop loss 434.00. Target 438.40, 440.00. [Projected range 416 to 448.00]

As per my view SRTRANSFIN may face resistance at 699.30, 703.80, and 711.00, down trend likely to get terminated above 714.00. May touch 677.00, 672.00 in intraday.

NB - Delhi HC allows Natco to sell Sunitinib.

s_mahesh45@yahoo.com