13-4-2011: DII's started buying again??

Hi all,

Finally silver came down.... from 61000 to 59350, and low was 58880, for may contract. This is a good sign for cash market, crude oil also came down.

Looking at chart and considering 2 holidays in a week, there will not much more changes in the graph, but now, FII's started selling the stocks and DII's started buying the stocks, which will boost the market up.

Pivot Levels:

P: 5798

R1,R2,R3: 5818 - 5850 - 5870

S1,S2,S3: 5765 - 5746 - 5713

Technical Resist: 5805 - 5830 - 5864

Technical Support: 5755 - 5736 - 5711

Intraday Stocks:

1. Infotech enter: Long Position
2. MVL Ltd: Long Position

F & O Stocks:

1. Abirlanuvo: Short Position
2. Axis Bank: Short Position
3. Chennaipetro: Short position
4. Cipla: Long Position
5. Hotel Leela: Short Position
6. Zeel: Long Position

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com