POST MAREKT REPORT 03-03-10

MARKET SHOWED GOOD STRENGTH,TRIED TO TOUCH 5100 MARK.TECHNICAALY HEAD & SHOULDER PATTERN,SUPPORTS IT A LOT AND CAN TAKE NIFTY TO 5200 SUB LEVEL.INFACT MOST OF THE WORLD MARKET ARE IN A GOOD BREAKOUT RANGE,SO UTILISE THE INTRADAY CORRECTION TO GO LONG.SO EIGHT WEEKS OF LONG BEAR PHASE RECOVERD SO NICELY INITIATED BY MARKET FRIENDLY BUDGET & GOOD EXPORT DATA.ACCUMULATE BLUE-CHIP STOCKS AT EVERY DECLINE ESPLLY REAL ESTATE,STEEL COUNTER & SOME BANKING HEAVY.