Sunday, October 7, 2012

On Friday, Nifty (CMP-5746.95) took a sharp turn and made an intra-day low of 4888.2, which had some negative effect on traders. But now an investor, can get into the market with a stop-loss of 5351 on Nifty. In coming week, Nifty may see some correction and may touch a level of 5634.
               In my last blog, had recommended to go long in Opto-Circuit(CMP-138.35). Due to down-grading done by CRISIL, the script took beating and touched a level of 114.6. One can go long with a stop-loss of 132 (closing basis). Given the previous track record of the said Company am still hopeful on the script. Enjoy !!!

**(Note - The views shared are entirely based on my own knowledge. Any loss/damage caused will be entirely at the follower's own risk)