NIfty Outlook and Stock Calls

NIfty Outlook

Short Nifty with closing basis sl of 4165 tgt 3650




Stock Outlook

Lupin: short it at cmp (809) and closing below 800 and its tgt will be 710(for safe trade wait till its close below 800)(can short on rise as well at 825-830 with sl 861 on closing basis)
(classical pattern,sure sell)

LnT: any close below 1400 and the tgt will be 1200


DLF: sell at cmp (283) sl of 290(closing basis) tgt 180

RNRL: sell RNRL (cmp 76.8) on rise till 80 sl 85 on closing basis tgt 60


keep an eye on videocon

Nifty Outlook and Stock Call

Nifty Outlook(for 17 June 2009)

Buy NIFTY at cmp(around 4500) and on declines with sl 4400....above 4600,buy more

Stock Call

Buy DLF (at cmp and on declines till 320) for short term delivery target of 390-450-475(cmp 353)

Can buy HDFC on declines.