1) NIFTY FUT :- OI flat with 2% increasing volumes. Short covering plus

longs for BTST (small quantity). Buying seen in 4700 CE. Short covering

plus buying seen in 4800 CE. Short covering seen in 4900 CE. Put writing

seen in 4600 PE. Profit booking plus put writing seen in 4700 PE. Profit

booking seen in 4800 PE. NIFTY FEB series PCR (OI) at 0.91 down by

0.05 points.

2) LONG POSITIONS :- ABAN, BAJAJHIND, BANKBARODA, BHUSANSTL,

CESC, CHAMBLFERT, DABUR, EDUCOMP, HDIL, IDFC, IOC, JPASSOCIAT,

JSWSTEEL, LT, PATNI, POLARIS, SESAGOA, SUNTV, SUZLON, TCS, ZEEL.

3) UNWINDING OF LONG POSITIONS :- ANDHRABANK, DRREDDY,

JINDALSAW, ONGC.

4) SHORT POSITIONS :- BHARATFORG, BHEL, GAIL, GRASIM, HINDALCO,

PFC, RANBAXY, RECLTD, ROLTA, TATAPOWER, TATASTEEL, WELGUJ.

5) SHORT COVERING :- ACC, AMBUJACEM, BALRAMCHIN, CIPLA, EKC,

GESHIP, HCLTECH, HDFC, INDUNILVR, INFOSYSTCH, KOTAKBANK,

OPTOCIRCUI, PTC, RCOM, RENUKA, SBIN, TATACHEM.

6) SECTORS TO WATCH NEXT SESSION  :- FERTILISER, BANKING,

REALITY.

:-: COMMENTS :-:

Bounce expected. Avoid shorts at lower levels.

DATA COMPARISON WITH 05/02/2010

RAVI TARDEJA

www.fnoprofit.com

DATE :- 08-02-2010

TIME :- 08:20 P.M.