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The domestic indices closed with a slight loss on last Friday. The BSE Sensex ended the day at 44,149.72, down 110.02 points (-0.25%), while the Nifty closed at 12,968.95 down 18.05 points (-0.14%). The Nifty is likely to face resistances at 12980/13000. 

#Both of my recently recommended counters did well. While, Imagicaworld Enterinment (Rs.4.80), uched Rs.5.30 intraday, Central Bank closed Rs.12.70 -- both the scrips are a holding with 5% trailing SL.

#Buy Nifty_12000 put options around Rs.37/38 for a targets of Rs.61/62. SL: Rs.27.

#Buy the shares of Zensar Technologies Limited (Rs.227.70) during market dips around Rs.197/200, for short term targets of Rs.261/266. SL: 195.

#Meanwhile, the Mumbai Suburban Local Train system is still to start operations, as the goal posts are getting changed August. The local train system is the lifeline in Mumbai. Therefore, keeping them out of track for so long does not augur well.

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