............MARKET UPDATE..............

LEVEL WISE, CLOSING NIFTY ABOVE THE THRESHOLD 5220 AND SENSEX ABOVE THE 17000 LEVELS MAY EXTEND SOME SUPPORT TO CONSOLIDATE IN THE FORTHCOMING SESSIONS.  BROADER MARKET WITNESSED NEGATIVE SENTIMENTS AND ALL THE LARGE CAP, MIDCAP AND SMALL CAP SEGMENTS WERE CLOSED NEGATIVE FOR THE THIRD CONTINUOUS SESSION.  DESPITE THE NEGATIVE AND WEAK CLOSING, NIFTY CLOSED WELL ABOVE ITS VITAL 50, 100 AND 200 DAY’S SMA PLACED AT 5149.49, 5054.67 & 5163.88. HOWEVER NIFTY CLOSED BELOW 9 & 14 DAY’S SMA PLACED AT 5313.73 AND 5386.64.   THESE LEVELS WILL ACT AS SUPPORT AND RESISTANCE IN THE FORTHCOMING SESSIONS.  THOUGH, VIX, THE BAROMETER OF UNCERTAINTY, CORRECTED AND CLOSED AT 26.33 WHICH INDICATE MORE THAN AVERAGE VOLATILITY IN MARKET IN THE FORTHCOMING SESSIONS. RSI (14) FOR THE SESSION WAS AT 42.8563 LEVELS AND MACD CLOSED BELOW THE SIGNAL LINE. MARKET MAY CONTINUE TO WITNESS RANGE BOUND WITH POSITIVE BIAS IN FORTHCOMING SESSIONS.

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PACE RESEARCH WISH YOU A HAPPY HOLI!!!!!!!

AND GIFT FOR HOLI WAS IN MORNING MARKET WHERE OUR CALL OF TTKPRESTIGE WHICH WAS GIVEN BUY @ 2800 ZOOM TO KISS TARGET OF 2910. RS. 13750/LOT IS SINGLE CALL NOT LESS THAN A JACKPOT CALL

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BATA INDIA ONE OF THE COUNTER WERE GRIP OF PACE RESEARCH IS CONSTANT. TRADING IN BATA IS ALWAYS TRADE OF PROFIT  FOR OUR PAID CLIENTS TODAY THEY MADE PROFIT OF 3500/LOT OF TRADE. BUY WAS GIVEN @  673 >>>>>>>>>680. "WE SAVE TIME IN TRADE"

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