CALLS FOR 03/03/10

YESTERDAY sectors like Bank, Cement and Steel participated, performance of Reliance continues to remain lackluster.
We must remember that for sustained up move in Nifty, participation by Reliance is a must.

One can consider remaining long with stop loss of 4980.
On higher side it will face resistance at 5075 and major hurdle at 5170. At this level it would be better to close long position or trail with tight stop loss.