Nifty Outlook and Stock Calls(13 may 2009)

Nifty Outlook:

Some Heavy weights like BHEL,Reliance,LnT broke their major support line,but came back from those levels sharply,this shows market strength.This week nifty will test 3800.

One hedged strategy is:

buy Nifty Futures(1 lot) + sell sensex Future(1lot) to earn sure profit of around 2% of total capital.

Stock Calls:

Buy Bhel at 1650-1660 sl 1630 tgt 1700-1735-1765

Buy Allahabad bank above 60(cmp 59.3) sl 59 tgt 62-65 or can buy it at dip as well at 57-57.5 with tgt 60-62-65 be

Buy HDIL between 170-175 sl 167 with tgt 195,(cmp 179.95), 160 is medium term support ,be

Buy ITC for 3 days(til this friday) at around 189-190(cmp 191.9) sl 185 tgt 200, can trade for intraday as well, be

Ambuja cements:cmp 77,buy at 75-76,sl 74 tgt 82-86 , be

Sell Adlabs at 247-249 sl 251 tgt 235(cmp 243.05),be

buy Infy at 1560-1570 sl 1540 tgt 1625

Buy TCS at around 625 sl 610 tgt 660(cmp 640)

Buy HDFC bank at 1170 (cmp 1195) sl 1150 tgt 1240

Buy Bata (cmp 122.85) at 118-120 sl 115 tgt 130

Buy Maruti at around 840-850 sl 820 tgt 900 in couple of days

Buy Jindal steel and power( cmp 1629) at arnd 1580-1590 sl 1560 tgt 1650

Most of calls now a days are for intraday,unless specified. Stocks with RED are having higher probablity of success.
Happy Trading

No comments:

About the Blog

Get a Stock Analysis here. Please note this is not a recommendation or tips providing blog. Please take your own decision before putting your hard earned money in the market. The Author of this blogger will not be responsible for any for your trade decision.
Always remember: Making profit should remain your habit,accepting loss should not hurt your Ego.and
Never Blame others for your Loss & Failure.