FUNDAMENTAL STOCK PICK
BEML TARGET 1500
Co manufactures a variety of heavy equipment, such as that used for earth moving, transportation and mining (Rail Coaches & Spare Parts and Mining Equipment).
MUTUAL FUND PICK
FIDELITY TAX FUND-BUY
GOOD FUND WITH GOOD TRACK RECORD
WEEKLY MARKET OUTLOOK
MKT WILL CONTINUE TO BE VOLATILE
DUE TO FNO EXPIRY
RESISTANCE 5200
SUPPORT 4800
THREE CONSIQUTIVE CLOSE ABOVE 5200 WILL TAKE TO 5500-5600 LEVELS
V-SHAPED RECOVERY WILL BE CONFIRMED AFTER IT GIVES THREE CONSIQUTIVE CLOSE ABOVE 5200 LEVEL.
ON THE WEEKLY CHART IT IS GIVING BULLISH SIGNAL AS IT NOT BREAK OUR LAST WEEKS 4800 LELEVLS AND CLOSE ABOVE MONDAYS OPENING PRICE OF 5041 SO WE CONTINUE TO BE BULLISH ON BRODER MARKET.
TECHNICAL STOCK PICKS
ABAN SL 1330 TGT 1418-1435
REL CAP SL 811 TGT 921-965
JP HYDRO SL 70 TGT 83-86
MAX INDIA
ACTIVE STOCK OPTIONS
IFCI, SUZLON, UNITECH, IDFC
KEY NEWS TO WATCH OUT
IN THE NEXT WEEK THERE IS NO BIG TICKET NEWS TO WATCH OUR BUT ONLY FNO EXPIRY AND POSSIBLE NEWS OF LONGER MARKET HOURS.
OUR NEW AND UPADTED WEB-SITES
DEDICATED CLIENTS SUPPORTIVE CUSTOMER CARE HELIP LINE NUMBERS
09377008708
DISCLOSURES-
WE HAVE VESTED INTREST IN NIFTYFU ANALYSIS AND OUR PAID MEMBERS ARE HOLDING POSITION IN NIFTY FU.
