Wednesday, February 16, 2011

NSE Alert


Today the markets moved in a
very tight range of 35 points. It seems that
the market players are waiting for the budget to decide the
course of movement. In spite of market rangebound moves TATA STEEL, UNITECH, JP ASSOCIATES were the star performers. Further LT, HDFC & IDFC were the favourite counters of short sellers.




Markets today also failed
to break the level of 5510 which 
seems to be a tough resistance for the market. 
If the market fails to break 5510 in days to come then
we can see some distressed profit booking which may lead the market 
to the level of 5450.

Todays performance

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