Tips for 19.02.2008

JAI SHRI KRISHNA
US MKT CLOSED YESTERDAY.,
ASIAN MKT TREND MIXED
OUR MARKET VOLATILE SESSION EXPECTED
SET UP REMAINS SAME. NIFTY BEING OVERBOUGHT AFTER STEEP RISE OF 500 POINTS (FROM 4800-5300)IN 3 DAYS, IS IN CORRECTIVE MODE. HOWEVER, NIFTY WILL MOVE UP AND DOWN BOTH WAYS TODAY. SO BOTH BULLISH AND BEARISH OPPORTUNITIES WILL BE AVAILABLE TODAY TO TRADERS. ANY MOVE ABOVE 5350 WILL BE GOOD FOR NIFTY TO TRAVEL TO 5480. SUPPORT AT 5200-5150 AS TOLD EARLIER. ENJOY TRADING BUT BE SMART TRADER TODAY... TRADING RANGE OF NIFTY 5200-5300. HOLD 5200 UP TREND ARE INTACT
HIGHER LEVEL STRONG HURDLE 5470…. BSE MAJOR HURDLE 18250-18500
(LAST AND FINAL DOWN SIDE DUE WHICH MAY BE 2000 POINTS OR MORE IN COMING DAYS, AND ADVISE TO VALUE AND LONG TERM INVESTORS AGGRESSIVE BUYING THEREAFTER, BSE HEADING TOWARDS, 21000, 25000 TO 28000 UPTO DECEMBER 2008) BUYING OPPURTUNITIES IN FERTILIZER STOCKS:
NAGARJUNA FERTILIZERS
CHAMBAL FERTILIZERS
BINDAL AGRO
OTHER BUYING OPPURTUNITIES:
WWIL
SESA GOA
BAJAJ HINDUSTAN
ORIENTAL BANK OF COMMERCE
RPOWER BONUS RATIO: 3:1 RUMOUR
MARKET ON TUESDAY: MARKETS ENDED FLAT AT A BENCHMARK INDEX OF 18048 POINTS AND 5276 POINTS FOR SENSEX AND NIFTY RESPECTIVELY. THE SENSEX EXHIBITED A LOSS OF 0.4%, WHILE IN THE LARGE MARKETS, NIFTY WAS DOWN BY 36 POINTS I.E. BY 0.5%.