Tuesday, November 17, 2009

Now,our market to start a strong uptrend NIFTY(CMP-5062.25) should give a close above previous high i.e 5142 (closing basis).And on the downside it should take a support at 4810.I will stick to my strategy of buying on dips.For this I would suggest
1.)TATA STEEL (CMP-538.8) - Try to buy this script on dip for a target of 623.3 with a STL of 497.
2.)NEYVELI LIGNITE (CMP-150.65) -Buy this script for a target
of 171.8 with a STL of 136.
3.)OPTO CIRCUIT (CMP-217.8) - Buy this script near 210 level for a target of 281.
4.)APOLLO TYRE (CMP-55) - Buy for a target of 63 with a STL of 52.


GOLDBEES (CMP-1682.76) - I believe it can still go up say upto a level of 1900,if you want to take fresh entry dont buy now,wait for a dip.

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