Bears On a Run

From last few days our market has entered in a correction phase,which I feel should continue for few more days.There will be UPs and DOWNs but be careful and don't get carried away by the upward movement.You can expect strong correction in NIFTY (CMP-4882.05) which can take NIFTY upto say 4688 or even upto a level of 4611.So wait for some strong downside.For short term NIFTY should close above 5038 for upward movement.I wont recommend you to buy since it can be risky.So wait and watch......

A New Beginning

Hello friends,Wish You All A Happy and Prosperous New Year.I was not able to post any blog for almost one and half month,as I was busy with some important assignment.But now I am back to share my ideas.So on NIFTY (CMP-5244.75) I am having a target of 5343 with a STL of 4953.For this I would recommend
1.)SHREE RENUKA SUGARS (CMP-241.3) - Buy this script for a target of 267 with STL of 230.
2.)MADRAS CEMENT (CMP-119.1) - Buy this script for a target of 129 with STL of 112.
3.)MERCATOR LINES (CMP-66.1) - Buy this script for a target of 70 with STL of 62.
4.)THERMAX (CMP-617.75) - Buy this script for a target of 665 with STL of 595.