Wednesday, 9 January 2013

MARKET & STOCK RECOMMENDATION FOR JAN-09

                   Last two days market were very confusion, This is just fear only. But one thing is clear here in nifty, that is range of market. upper side sealed at 6042-6048 in bottom side at 5962-5968. It is now 80 points range & next movement will start when the nifty have to close above or below these levels. Upto that market will go on consolidation phase.
                           This consolidation is very important for next upmove and also some underperformed stocks will try to move up. Please enter some midcap, junior nifty stocks. Now One and only hope for bulls is FII's. Because they continuously pumping their money here. FII's believing more than DII's that, india is good growing country & still indian markets are more cheap than others. 
                       If DII's do this process continuously then full suffer,headache & loss will go only to small investor & small traders. I will give suggestion to all small traders please don't trade emotionally trade with trend don't do against the trend.Indian market will go up or down that has to be decided by DII's or indians not FII's. But here all are different. ALL ARE FATE

TATASTEEL  : Sell below 430 sl 433 target
                    will be 426,422
IBREALEST  : Buy above 80.3 sl 79.5 target
                     will be 82, 83.3
PANTALOON: Buy above 268 sl 266 target
                      will be 271, 275
PORTFOLIO ALERT
  Monday lic sl not hitted. so keep hold. exit syndicate bank at 141. 

THANKS & REGARDS
      NSEBSENOW