"BUY ASHOKLEY FUT ABOVE 126 TGT 127.80/129 SL 122"
Today
market closed in the green for the third consecutive day in a row on
March 10 following a positive trend in global markets. The Sensex rose by over
250 points while the Nifty closed above 15100 levels. In Sector stocks up move
was seen in metals, IT, healthcare, consumer durables, capital goods while
profit taking was seen in oil & gas, utilities, energy and power stocks.
Market will remain shut on Thursday on account of a public holiday.
On Friday market we expect market witnessed
yet another day of lackluster movement. The expected level in nifty should
range between 14900 & 15250. Going forward, the IT sector can be expected to
be an out performer in a defensively-positioned market environment, and an
extension of recent underperformance by midcaps appears likely.
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