1) NIFTY FUT :- OI up 9.33% with 7% decreasing volumes. Shorts at higher

levels. Buying seen in 5100 CE, 5200 CE. Aggressive put writing seen in

5000 PE. Put writing seen in 5100 PE. NIFTY MARCH series PCR (OI) at

1.49 up by 0.07 points.

2) LONG POSITIONS :- AREVAT&D, BEL, BHEL, DENABANK,

FEDERALBNK, GODREJIND, ICICIBANK, INFOSYSTCH, ITC, JISJALEQS,

JPASSOCIAT, JSWSTEEL, MCDEODRUSS, MUNDRAPORT, NTPC,

PANTALOONR, RELIANCE, ZEEL.

3) UNWINDING OF LONG POSITIONS :- ASIANPAINT, BIOCON, FORTIS,

GESHIP, IVRCLINFRA, JINDALSTEL, M&M, SAIL, UNIPHOS, VOLTAS.

4) SHORT POSITIONS :- ACC, AMBUJACEM, AXISBANK, BANKBARODA,

BPCL, CHAMBLFERT, IDEA, LT, MARUTI, PIRHEALTH, RANBAXY.

5) SHORT COVERING :- BAJAJHIND, BALRAMCHIN, DLF, EKC, GAIL,

GMRINFRA, HDIL, HINDPETRO, IBREALEST, ICSA, MPHASIS, PATNI,

PTC, RNRL, SUZLON, TECHM.

6) SECTORS TO WATCH NEXT SESSION  :- IT, POWER, FERTILISER.

:-: COMMENTS :-:

Some profit booking expected above 5100 levels but trend is clear up.

STOCK specific action will remain.

RAVI TARDEJA

www.fnoprofit.com

DATE :- 03-03-2010

TIME :- 08:12 P.M.