Nifty Outlook and Stock Calls

Nifty Outlook

Nifty will remain positive and test 3500 and then will target 3800

Stock Calls

Jain Irrigaton (cmp 354) buy at cmp till 345, sl 340 and target 490-560 in a month

Jet Airways(cmp 202) buy at around 196-200 strict sl 193,and above 210 it will not take time to reach 300 levels,support exists at 190-195 levels

Walchandnagar industry(cmp 134),buy around 127-130 sl 123,target 175

buy Nicco corporation(cmp 5) at around 4.80 sl 4.5 target 6.5-10-16

Trigyn Technologies cmp 10.95, buy around 10.60-10.70 sl 10.40 and target 14.5

short HUL at cmp sl 246 target 215-200..below 235 it will crack (EV)

Cairn india buy at around 185,sl 180 target 200-210(for intraday or 3-4 trading sessions)rh

Varun Shipping buy at 46.50-47 sl 45.65 target 55-62(levels as per bse) rh

Sail(cmp 115) buy it at 110-112 sl 105 target 120-135

Buy ICICI Bank at 410-415(cmp 424) target 470-525

Stocks with RED color have very high probability of success

Happy Trading

Nifty Levels and Stock Talk (15th April 2009)

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)