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WHAT SHOULD INVESTOR DO ON 12 MARCH ????

"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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NIFTY CONTINUED BEING SLUGGISH!

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On Tuesday market slipped into the red.Nifty not been successful in getting past the 15300 which is the upper end of the Nifty's current trading range. Neither  nifty broken down. This is a classic case of range bound movement where the index taking time to decide on its next course of direction. On the sector front, a mixed trend was witnessed wherein banks, IT and consumer durable were the top gainers while metals, oil & gas and power were the top losers. We expect the move to form on the upside.  Among the sectors, IT and select banking counters look promising while others may continue to trade lackluster.
TOP GAINERS-TATAMOTORS,M&M,WIPRO,ADANIPORTS,NTPC
TOP LOSERS-ONGC,HDFC,COALINDIA,UPL,SBIN