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Bnk Nifty: Last week the Bank Nifty Index ended with gains of 5.05% after the Budget announcement.
For the coming week, immediate Resistance for Bank Nifty is
seen at 11300 levels, above this level the next resistance is seen at 11545 whereas on the
downside support for the Index is seen at 10510/10270.
CNX IT: The CNX IT April future closed +43.75 pts or +0.61 % higher at 7197.05. The IT future closed
with the mild gains and witnessed an increased of open interest by 34.05 % and decreased in
the cost of carry by 12.95 %.
Intra day Call for Monday:
BUY SUZLON OPTION CALL @ 50 above 4.70 April/2011
Target: T1 5.10 ,T2 5.50
Stop loss: 4.00
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