Nifty Future: From bottom 7896, Nifty is in up trend. Nifty
is neutral on daily basis, and overbought on weekly and monthly basis. Upside,
If Nifty crosses 9020, which is an important resistance, then may touch 9100.
Downside, if Nifty breaks 8945, then supports are - 8920/8890/8870. If Nifty
closes below 8870, then supports are 8800/8730. Result of election, which is to
be announced on Mar 11, will also affect trend of Nifty.
Hero Motoco: Hero Motoco has moved up from 3049. It shows
daily and weekly overbought position and monthly neutral position. If the scrip
crosses 3350 on upside, then it may go up to 3400-3430. If it breaks 3290 on
lower side then supports may be 3240/3210.
LICHSGFIN: After moving down to 513, it is moving sideways.
It shows neutral position on daily and monthly basis, over bought position on
weekly basis. If closes above 573, then the next range may be 590-600.On down
side, the support is around 555.
Kaveri Seeds: Recently did bottom of 380.15 and now trading
around 515. It shows daily and monthly over bought position and neutral on
weekly basis. If crosses 540 on upper side then can reach up to 580. And the
script has support at 482.
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