FOR 1ST APRIL, 2013.

On 28-03-2013, CNXNIFTY closed at 5,682.55, earlier close was at 5,641.60.

SMA [3, 5, 9]: 5,653.00, 5,654.00, 5,713.00.

PP: 5,660.15.

R: 5,715.35, 5,748.20, 5,781.05.

S: 5,627.30, 5,572.05, 5,539.20.

SIGNAL: -

GREEN     D.ZONE       RED

BUY ABV   SL FOR BUY

5675.00   5642.00     5632.00.

RSI {14}38.88

ANDHRABANK – Closed at 94.65 with PP at 94.25. Likely to touch 96.30, 97.20. It has strong support at 88.00.

BIOCON – Closed marginally above its resistance [272.00] at 273.65 with PP at 273.90. I will buy above 274.50, SL 271.80, target 278.10.

DCB - Closed at 43.00 with PP at 42.10.I will buy above 42.30, SL 39.60, target 44.10, 45.00.

DEEPAKFERT – Closed at 100.25 with PP at 97.60. I will buy above 97.90, SL 95.90, target – 103.00, 105.00, 106.00.

IGL – Closed at 277.15 with PP at 273.40, I will buy above 274.50, SL 271.80, target – 280.35.

KALPATPOWR – Closed at 82.00 with PP at 81.30.I will buy above 82.35, SL 79.65, target – 84.00, 86.00, 88.00.

STAR [Strides Arcolab] – Closed at 872.00 with PP at 857.15. I will buy above 878.40 & at 861.30. It has strong support in the range of 837/832, weak below 829.00. SL 854.10

Target – 884.25, 893.25, 900.00.

s_mahesh45@yahoo.com