POSITIONAL F&O

1. AMBUJA CEMENT HAS BROKE 148 LEVEL, WE EXPECT IN COMING DAYS WE MAY SEE UPTO 6% OF CORRECTION THAT IS NEAR BY 140 RS.. CMP STANDS @ 145.20.

2. AUROPHARMA HAS SHOWN POSITIVE BREAKOUT IN NEGATIVE MARKET, WE EXPECT IF IT CONTINUES TO HOLD 102 MARK IT MAY SHOW 115 LEVELS SOON, CMP STANDS @ 107.

3. JUBLFOODS HAS CORRECTED SHARLPY FROM 1200 TO 1123, AS CURRENT MARKET SCENARIO IS IN NEGATIVE BIAS WITH MIX SIDES, WE EXPECT FOR LONG UPMOVE JUBLFOODS HAS TO CREAT BASE NEAR 1075 - 1025 IN COMING DAYS.

4. ANDHRA BANK HAS BROKE ITS CRUCIAL LEVEL OF 105 & CURRENTLY IT IS TRADING @ 103.20, WE EXPECT IN COMING DAYS IT MAY CORRECT UPTO 95 RS.

5. SESA GOA HAS SHOWN DECENT STRENGTH IN NEGATIVE MARKET AS COMPARE TO NIFTY SESA GOA CORRECTED 5 RS V/s -250 NIFTY. CMP STANDS @ 181.80, IF IT MANAGE TO HOLD 175 LEVELS, IT MAY SHOW 15 RS OF UPMOVES.

6. IRB INFRA IS TRADING @ 109, OSCILLATORS INDICATE MIX TRENDS ABOVE 102 IT IS IN BREAKOUT PATTERN, IN COMING DAYS IT MAY SHOW SHARP UPMOVES UPTO 125.

QUALITY OF WEEKLY F&O SCHEME

FULL TARGET ACHIEVED IN CENTURY TEXTILE FUT @ 280,


SELL RECOMMENDED @ 313 ON 5-5-12.


EPS STANDS @ 33 RS X 1 LOT = 33,000/- PROFIT.


LINK OF RECOMMENDATION - http://zubinmody.blogspot.in/2012/05/positional.html

POSITIONAL

CENTURYTEX Fut is trading @313,

7 Dma (Daily Moving Average) Indicates weakness & if it continues to trade below 325, then it may correct upto 300 - 280 in coming days.

LOVABLE IS TRADING @390, CHARTS INDICATE POSITIVE BREAKOUT IT MAY SHOW UPSIDE RALLY UPTO 405 IN INTRADAY.

EXIDEIND NEGATIVE BELOW 125, EXPECTED TARGET 120 - 118.

VIPIND NEGATIVE BELOW 94, EXPECTED TARGET 91 - 88.

PIRGLASS POSITIVE ABOVE 115, EXPECTED TARGET 119 - 123+.

RIL NEGATIVE BELOW 735, EXPECTED TARGET 725 - 710.