सेन्सेक्स (12173.42) 300.51अंक चढ्कर, नीफ़्टी (3671.65) 78.20 अंक चढ्कर, बंद..

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Our Cent Textiles Futs close to target

BOOK PROFIT

BOOK PROFIT - TARGET COMPLETED

Our target completed in
Bank India

DLF : trading strong at Rs258.60, trail SL and trade safe, BOOK PRATIAL PROFIT

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Our first target completed in Sesa Goa

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target completed

Our buy & hold call of
Bombay Dyeing
is going strong given yesterday,
close to target

STAY LIGHT - SIT ON CASH - BOOK ALL PROFIT - WAIT FOR NEXT CALL

We advise traders to
stay light and not to keep
overleveraged positions ahead
of the election results tomorrow.

Our first target completed in Mindtree at Rs 380

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Buy Mindtree at Rs365 with SL of Rs356 for target of Rs380,387

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Our Buy & hold call of Bank India is going strong at Rs247,

close to target. We are long from Rs237 levels

Buy Century Tex May Futs Rs278-279
with SL of Rs272 for target of Rs290

Book profit partially in Sesa Goa, close to target

DLF: Our short term delivery call going given yesterday trading very strong at Rs257plus, hold for revised target 290,304

DLF announced that it plans to raise about Rs100bn in over 2-3 years selling its non-core businesses and some land parcels.

Maruti will be in focus as it will launch the Ritz today.

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Key results Today:

Abhishek Industries, Ashok Leyland, Bharat Bijli, Blue Star, BPL, Chambal Fertilizers, Everest Kanto, ICI India, ICRA, Jyoti Structures, Northgate, Oracle Financials, Tata Coffee and Torrent Pharma.

Market Commentary ...

Tension is rising. Suspense is soaring. The race is wide open. It still is anybody’s game. Well, one may be forgiven for thinking we are talking about IPL. The same scenario holds true for the political game. While the mystery over politics ends tomorrow, the winner of the T20 tussle will be decided on May 24. In the interim we would know who leads the country.

So where do we go as far as the stock market is concerned? Global cues are supportive, which may help boost sentiment at least at the start. But, given the murky outlook on politics, it would be wise not to get carried away by the global rally. Staying light will stand you in good stead. Sticking to stock specific action should be the order of the day.

Buy Sesa Goa between Rs140-141
with SL of Rs137 for target of Rs147, 149

Book profit in our buy & hold call of McLeod Russell

NIFTY TREND

BELOW @ 3617 level, It will be in BEARISH TREND.
SELLING is suggested with SL of 3627 level
for the target @ 3573 to 3535 levels;

Regarding BULLISH TREND,
BUYING is suggested @ the level of 3627 with SL of 3617,
Target @ 3673 to 3707 levels.....!!!