Nifty Outlook and Stock Talk

Nifty Outlook for 23 April

Nifty may fall below 3300 after giving flat opening,wait for a good opportunity to buy nifty at around 3200 levels with 3120 as sl and target of 3500-3800

Bigshots Reliance Industry and ONGC will fall tomorrow
For Short term
ONGC Bearish
Reliance: Bearish,1750 is real resistance

Stock Calls


CHAMBAL FERTILIZER: cmp 46.55,buy at 43-45,sl 42(closing basis) target 50-56 in a month

Buy Rpower cmp at 126 target 133-145(ev:5)(Good for intraday)


Buy Ranbaxy(cmp 177) at 170-173 sl 168 target 200-227.... (can short at 182-184 for intraday if opens higher with sl 186)

If Maruti closes below 750 exit all long positions in it,has taken downside breakout

Punj llyod short 130 call

HUL, Buy at 238-240,it will go 260-285 in short time ( buy future at around 240)

Dish tv india (cmp 29.35) buy at 29 target 31.5 for intraday,sl 28(very strong support)

Aban Offshore,cmp - 453, short at around 465-470 with sl 483,target 420-360


Stock with RED color are having very high probability of success

Nifty Outlook and Stock Call

Nifty Outlook

Nifty 3300 is a good support,it is now going to test 3500,buy at cmp and on dips till 3300 target 3500-3800 in 10 days time

Stock Call

Buy Punj lyod at cmp sl 90 tgt 135-170 in a month(a good buy),100.5 and 92 is 50% and 38% retracement for short term high n low. Above 109 buy more

Buy Suzlon at cmp till 50,target 72 in a month.

Buy Hindalco around 54-55 tgt 62 in a week

Power Grid is a safe bet, buy at cmp sl 95 tgt 120,can take covered call for it as well

buy Videocon at 112-114 sl 105 target 130-165,can buy for intraday as well for 3-4 % gain

buy HDFC Bank at around 1060 sl 1010 target 1100-1220(for intraday trades keep a sl of 1034)