v What was Last week: o Indian equity benchmarks rallied for fifth consecutive week on back of consistent inflow of funds from foreign institutional investors (FIIs). The Nifty added 734.7 points (13.58%) and the Sensex 2446.63 points (13.59%) during the same period. o Nifty has Support @ 6075-5980. Resistance place at 6260 and 6357 & nifty will touch resistance in next 1-2 week. v Weekly level o BSE SENSEX (20445) Keep stop loss of 20178 and enjoy rally till 20687-20827 o NSE NIFTY (6143) Keep sl as 6080 and enjoy rally till 6205-6250 v Stock to watch for next Week : o ABANOFFSHORES(853) Above 858 will touch 872-892 & keep sl as 835. o APIL (527) Above 834 it will rally till 842-858, keep sl 819. o BANKBARODA(887) Keep sl as 872 & will touch 906-925. o DLF(388) Minimum target 395 above it will sure touch 404-414, keep 377 as stop loss. o HINDALCO (204) keep sl as 201 target will be 210-216. o HDIL (270) Keep SL 262 Minimum target will be 278-284. o SBI (3261) has good support around 3230 sure shot target will be 3295-3357. o TATASTEEL(668) keep sl as 654 target will be 677-685-694. It is advisable to keep 30%-40% cash level………& investment up the level of 60-70%.................... |
Friday, October 1, 2010
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