About Last Week :
Market bounced back from the crucial support belt of 16000-16200 & 4800-4850. Although the bounced back was under the shadow of Global Cue.
About Next Week :
Nifty : 5066:- Keep a stop loss of 4998-4965 & go long with target of 5093-5106-5166. However, day traders need to remain cautious on account of volatility.
Sector & Stock Idea :
• During the week FINANCIAL sector will be getting strong support. In this segment one can watch for, LIC HOUSING, GIC HOUSING, HDFC, INDIAN BANK, HDFC BANK, YES BANK, UCO etc.
• SHIPPING sector will also be getting strong support. Keep close watch on GE SHIPPING, SHIPPING CORPN & PIPAVAV SHIPYARD etc.
• WATCHES & LIQUOR sectors will be getting extra ordinary SUPPORT. Buy TITAN & MCDOWEL on dips.
• PHARMA will continue to get strong support. Stock to watch RANBAXY,DIVISLAB.
For those who want to earn money by way of improving self knowledge about stock from the technical & fundamental research........
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