This week the road ahead is little unclear.Last week even after good cues from Global markets esp.. US our markets corrected.Technically it was expected but this week there is a possibility of our market performing well.The reason for this is that there is a possibility of settlement between Ambani brothers over gas supply.So on downside on NIFTY (CMP-4945.2) you should keep a STRICT STL of 4895.Try to buy on dips as it can be a good strategy for Long Term for which I have already mentioned few ideas in my earlier blogs. For this week you can look at
1.)RIL (CMP-2099.75) - Try to buy near 2084 level with a STL of 2058 for a target of 2212.
2.)BHEL (CMP-2429.3) - Buy for a target of 2593 with a STL of 2342.
3.)ITC (CMP-249.65) - Buy on dips for a Long Term target of 336,but remember this stock is slow mover.
4.)OPTO CIRCUIT (CMP-203.05) - Buy for a target of 217 with a STL of 191.25.
Now the most interesting part i.e GOLD
GOLDBEES (CMP-1569.34) - Last week I had already given the target and STL but now with a revise STL of 1538.
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