Monday, September 21, 2009

Last week I had given a target of 5075 on NIFTY(CMP-4976.05) which I still feel is achievable.But for now you should keep a STL of 4810 on NIFTY.Also NIFTY was not able to cross physicological level of 5000 on upper-side.So if NIFTY is able to cross this physicological barrier,NIFTY can even go upto a level of 5115.For this I recommend...
1.)MADRAS CEMENT (CMP-125.15) -I am having a target of 138 with a STL of 116.4
2.)ORIENT PAPER (CMP-55.8) - For long term you can think of buying for target of 94 and for short-term I am having a target of 60.25 with STL of 51.85.
3.)BAJAJ (CMP-476.95)-I am having a target 561 with STL of 441.

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