Medium term stock calls(21 june 2009)

Stock Picks (intra-week/fortnightly/Couple of Months)

Date	Scrip	Rec	CMP	Range	Stoploss	Target
21-06	MTNL	B	102	100-90	80	135-150
21-06	Pidilite Industry	B	112	105-90	90	150-175
21-06	RNRL	B	92	75-85	75	120
21-06	Unitech	B	81	80-70	70	120
21-06	Praj Industry	B	90	90-85	75	145-160

Nifty Outlook (26 may 2009)

Nifty Outlook:

Buy Nifty on declines sl 4150 tgt 4500 in 15 days. Market may remain volatile as the expiry is near. 4304-4320 is

near term resistance.Book partial profits in nifty at around 4300 and hold rest of your position.

Stock Calls

IBN18(cmp 125.95) buy at 122-124 sl 118( closing basis),tgt 155 in a month

REI AGRO buy at 75.45 tgt 110 in a month

Buy Essar oil in small quantity(any clsoe above 182,then will blast)

Satyam Computer(cmp 54.35) buy in dips sl 50 tgt 62 in a week(52.5 is a good support)

Buy Praj Industry( look previous post for detail)

For F n O trade

Hul(50k): cmp 233.05, buy at 232 sl 229 tgt 235

Dabur(70k): cmp 114.75,buy at around 112 sl 109 tgt 118

Tata Tea(80k)(699) buy at around 680-670 sl 660

Happy Trading!!

Nifty Outlook and Stock Calls( 25 may 2009)

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)