Tuesday, March 2, 2010

NIFTY2/3/2010

nifty has shooted up on account budget with no neg news concerned to mkts,,,,rise in stt etc!!!!!!

crossed almost big hurdles of 4950 and today closed above 5000,,after such  along time
sbi / and reliance the major weights where playing hide and seek

posted few days before dlf / sbi,,would my fav picks,,@280/1900 respectively....
sbi is still my fav below 1980 levels....

and today bharti is taken,,,, hoping by this week we might see end of  glooming face of bharti,,if closing above say 300/310
accumulation of bharti in cash also is  included in my trading

the most interesting during the mkt time i noticed was again an ascending traingle formation...(once again,,,hope doesnt deceive).....closing above 5000 with fingers crossed 5200 tgt almost
but not that easy also,,,,since i had earlier mnetioned that i would like to empty few of my holdings,,,biugt during this neg phase and few of my portfolio,,,,around 5100 above...gradually.
sbi shall agian be the limelight stock

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