The Nifty future shut shop at 4779.00 losing 78.75 points or -1.62 percent. Nifty future increased 1030150 shares in open interest, and came to premium of 6.85 from 8.25 whereas cost of carry is 24.85 vs 22.58, up 10.05 percent. On the options front the OI PCR is 1.53 vs 1.61, whereas the Volume PCR at 1.21 vs.1.27. On the Volatility Front the Indian Volatility Index has ended at 37.19 % vs.31.94% gaining 6.05%.

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Nifty

Resistance 1- 5580

Resistance 2- 5625

Support 1- 5506

Support 2- 5460

Profitable call for 10 march 2011

Wipro Ltd

Current market share price - 450.65

BUY CALL- Above 452 

stoploss 445

Target - 458

HOT MARKET NEWS- 
The market has showed recovery in the last half an hoursof trade.the market suppoted by Wipro,ITC and toady Reliance Industries recovered more,it was down .3% around.
Among frontliners, Maruti Suzuki, Tata Motors, Reliance Communications, BHEL, SBI, BPCL and Sun Pharma were the top losers with 3-4% fall.
About 883 shares advanced as against 1969 shares declined on the Bombay Stock Exchange.
Rate sensitives and commodities related sectors were quite supportive. The BSE Capital Goods, Auto, Realty, Bank and Metal indices were down 1-2%.
FREE Commodity tips Today

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