Dhanvarsha crucial Nifty Futures Levels and market prediction

Ride on trend to minimize the risk …

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Flat opening is expected with mixed sentiments …market is trading in oversold zone but traders / investors are cautious in initiating long positions...We have noticed value buying started in many scrips which are available at affordable and reasonable prices…like reliance , HDFC bank , Infosys , bhartiairtel , tata steel, jaiprakashassociate  , herohonda etc…It is time to accumulate… projected GDP is above 8.6 % …Industries are performing well …IT sector is doing good but fear is every where ..propaganda is at peak that FIIs are exiting from markets but it is not like that  …yes they stopped  buying …because we are not buying ...we are selling …our media is intimating that sell only …avoid buying …and if it is correct …then why we are witnessing these updates…maximum stocks ended above 3 to 4 % yesterday ...

ymbol Open Price High Price Low Price LTP Prev Close % Change Total Traded Quantity Turnover (lakhs) Last Ex Date Last Corporate Action HAVELLS 326.80 338.00 321.00 337.00 321.00 4.98 258994 862.17 08-Oct-2010 BONUS 1:1 HDIL 138.00 144.35 137.90 144.15 137.35 4.95 6720125 9527.12 17-Aug-2010 ANNUAL GENERAL MEETING WELCORP 159.00 170.35 157.60 167.00 159.20 4.90 2177607 3617.44 05-May-2010 DIVIDEND-RS.2/- PER SHARE RENUKA 89.05 93.45 88.65 93.00 89.00 4.49 13463135 12390.12 05-Oct-2010 INTERIM DIVIDEND-RE.1/- PER SHARE (PURPOSE REVISED) SINTEX 147.85 157.70 147.85 154.70 148.10 4.46 1561690 2400.47 27-Oct-2010 FACE VALUE SPLIT FROM RS.2/- TO RE.1/- TULIP 160.00 166.50 157.25 164.80 158.15 4.20 232310 375.53 18-Aug-2010 ANNUAL GENERAL MEETING AND FINAL DIVIDEND RS.1.60 PER SHARE SUZLON 47.00 50.25 45.60 50.00 48.05 4.06 34688309 16983.40 29-Jul-2010 ANNUAL GENERAL MEETING JPASSOCIAT 84.85 86.85 83.90 86.80 83.60 3.83 7842827 6682.09 08-Feb-2011 INTERIM DIVIDEND-RE.0.40 PER SHARE (PURPOSE REVISED) HEROHONDA 1540.00 1599.00 1540.00 1596.00 1537.20 3.83 1246341 19591.48 30-Aug-2010 ANNUAL GENERAL MEETING AND FINAL DIVIDEND RS.30/- PER SHARE TRIVENI 94.00 96.60 92.40 96.60 93.05 3.82 227284 216.03 11-Feb-2011 ANNUAL GENERAL MEETING/FINAL DIVIDEND RE.0.20 PER SHARE/SPECIAL DIVIDEND RE.0.15 PER SHARE

 Have a good day  ….

Triveni is looking good...buy and accumulate it at or above 93.00 rs...for upside targets 97  99   101   stop  91.80