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Friday, November 5, 2010

Diwali Muhurat Trading on 5 November 6:15PM to 7PM

As we have seen in last 4 days, Nifty fut spurted up almost 335pts, and if things remain the same then bulls will try for a new all time high on the auspicious occasion of Diwali. Moving onto the higher side bulls will face resistance at 6314, crossover above this level will lead them to march ahead to 6337-6360-6389 levels. In the current scenario bulls are having an upper hand & if they manage to close Nifty fut above 6314 consecutively, then we can witness another round of buying & a rise of 84-180pts in coming days. On the lower side market have support at 6284, if bears are able to break this support then we can slide down to 6256-6220-6190 levels. However moving onto lowerside 6220-6256 range will act as a good support.


Muhurat Trading Stocks for Investment

Buy these stocks and keep in your postfolio for handsome gains.
  • Exide Industries
  • Indian Hotel
  • Seasons Furnishings
  • Samtel Color
  • Educomp
  • MMTC
  • ABG Shipyard
  • 3i Infotech

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Intraday Muhurat Trading Calls

  • Jubilant Foodworks abv 554 tgt-564-570-582
  • JP Associates abv 128.5 tgt-130-133-136.4+
  • VIP Ind abv 630 tgt-645-662-680
  • Eimco elecon abv 365 tgt-377-382-398+
  • Also watch OMDC, Videocon Ind, Glory Polyfilms, Mandhana Ind.

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