MARKET, NIFTY, STOCK VIEW FOR DEC -10

                             Dear all last week nifty gave lot of confusion to all market peoples. We are looking nifty now highly bullish only because of following reason.
FII's still consider our indian markets are so cheap than any other asian market. Till now they invested more than 1 lak cr in 2012  in our market, this is second highest investment since 1992. also in dec series they invested yet now more than 6000 cr in just 5 days. So they continuously pumping their money here.
HOW INDIA CHEAP NOW?????????????
          Very simple calculation...In 2010 dollar rate was around 45 Now dollar is around 55. by using this data we see small example.  Suppose one FII invested 1000 dollar in 2010, that has been converted into indian money may come around    Rs 45,000 If same amount invest in 2012 they get around Rs55,000. This is also one of the reason for why fii's invest so much money here.  One more interesting thing happens in nifty monthly chart...

 If u see this chart From jan-2011 onwards it created a CUP formation This cup have to finish @6180 level. So as per chart it has to hit in this month itself. Let us see what will happened.....Buy nifty with max sl of 5815 target will be 6150-6180....
JSW STEEL    : Buy Above 760-766 sl 743 target 
                       will be 796, 810 (positionaly)
INFOSYS       :Buy infosys 2350 call around 40-45 sl 30
                     target will be 60,70

PORTFOLIO ALERT

  Please hold all stock for some time
THANKS & REGARDS
      NSEBSENOW