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NIFTY SPOT: 7749.7

Ni!ty Future "#: 7$9 "%:7$&' "(: 7$$4

Pi)ot: 77$# S#: 77(& S%:77' S(:7''

%(r* may %#'

Ni!ty Tips

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  +,-"T INT"P"T-TION

Nifty spot close at 7749.70 on Friday . At higher side,

important level 7850-7900. As long as Nifty ftre

manages to sstain a!ove this level on intradaydeclines, the trend "ill !e strong and nifty ftre "ill

try toch frther higher levels from this level. At lo"er

side, spport near 7850. Frther "ea#ness is nifty ftre

is possi!le only if Nifty ftre falls and stays !elo" the

important spport of 7850-7800. At lo"er side niftyspport level may !e in the range of 7750-7$50%echanical indicator stochastic &'( also sho"ing

positive trend.

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 IN0 O1T2OO3

NIFTY F1T1": Ni!ty close* at 77'(.(& o Fri*ay . I*ia

Stoc5 6ar5et oul* ope !lat. Techically8 I*ia stoc5

6ar5et has etere* ito eati)e oe. To*ay8 some short;

co)eri rally may be see a!ter a sharp *o!all but Tra*ers

shoul* o short at e)ery positi)e rally i the mar5et. No

e<t taret !or Ni!ty oul* be 77%;7'$&. Fears o! F "ate

,i5e oul* !urther pressurie the mar5ets across the lobe.

O)erall8 o mar5et oul* be cosi*ere* eati)e a* the

tra*e is to o short at e)ery rally i the mar5et !or better

pro!its. Fe I*ia +orporate =iats oul* *isclose their q4results to*ay that oul* !urther a!!ect the mar5et *irectio.

INT"--Y ST"-TI=Y: Sell Ni!ty !uture belo 77& !or the tt

o! 77;7'& sl 7$(.

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 S+TO"I-2 INI+S

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 +O"PO"-T N>S

IT+ reporte* Net pro!it roth o! &.7? at "s. %49& cr

compare* to "s. %('# cr o YoY basis. Total icome

sure* by 9.4? to "s. ##'9 cr aaist "s. 9%9( cr i a

year ao perio*. The compay also *eclare* bous i theratio o! #:%.2upi plue* 9.#? o cocers o 1SF- obser)atios

recei)e* i 6arch %#'. The compay sai* that it

respo*e* to the obser)atios a* is aaiti 1SF-@s

respose.Arond 50,000 employees of five associate ba5s o! SAI

et o stri5e to protest the propose* merer o! all the

!i)e associates ith SAI.

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