Nifty Outlook
Buy Nifty above 4250 for target 4300 and if it closes above 4320 then hold your long position for target of 4500.
(strong resistance exist at 4304-4320)
Expect a flat to positive opening in the morning and nifty is expected to test 4300-4320 levels,then a little bit of correction and after that we will either close flat or may go above 4320.
Nifty Should remain in the range 4200-4500 for the week.
Stock Calls
Buy Satyam Computer services for short term delivery target of 62-65(cmp 53.55)
Buy Biocon at 172-175 target of 190.
Buy LITL for intraday at 345 target 360-365
Buy Praj industry (cmp 106) at cmp till 90 with target of 130-155 in a month(has taken a fresh break-out) ( Buy this stock or you will be disappointed for not buying it)
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