Nifty Levels
Nifty Levels remains the same as talked earlier. On the downside nifty can come to 3244-3190 and these are the levels to buy. If nifty goes below 3120 then it will become bearish again.
On the up side if nifty manages to close above 3420 then we will see 3545-3600-3780 levels very soon.
Stock Talk
GE shipping is a good buy (cmp 212.85) at cmp till 200,tgt 245 in a month,fresh long term breakout at 205
Bharti Airtel(cmp 663) ,buy if it close above 670 sl 650 tgt 720
Short Cairn India at cmp(203) sl 210 tgt 185(should not go below 184)
BHEL cmp 1525,buy on dips at 1480-1500 sl 1475 tgt 1650 (in a month) with stoploss close below 1475
Levels to watch for Reliance Industry: Down side it can come to 1685-1650 levels(a good support zone) and on the upside 1880-1965
ICICI Bank cmp(414) buy at 395 with stop loss 380 target 420-450 (Ideally it should not go below 388)
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