On Friday NIFTY(CMP-5904.6) came down in a big way.Now NIFTY is in downtrend.On Upside you may get a level of 5960.You should use this rally to get out.NIFTYs next support is at 5892.If it breaks the next support is much below.Also you should keep an eye on INFOSYS result which may give some hopes for NIFTY to sustain on higher side.
1.)CADILA (CMP-771.2) - Buy for a target of 780 with a STL of 764.
2.)INFOSYS (CMP-3371.1) - Buy for a target of 3403 with a STL of 3356.
3.)RANBAXY (CMP-590) - Buy for a target of 600 with a STL of 585.
Guys,don't get panic if market drifts to 5850 or say 5780.As per me its just a technical correction,so utilize this fall to buy good scripts\stocks.For this,I would like to recommend..
STERLITE IND (CMP-176.15) - Buy for a target of 200-220.
No stoploss for STERLITE IND. as it's story looks more promising.
(http://derivativestrategy.blogspot.com)
No comments:
Post a Comment