Saturday, 8 March 2014

We fix Nifty spot to peak out at 6617. CMP 6527

அன்புள்ள வாசகர்களுக்கு வணக்கம் /  Dear Readers, Greetings for the day,

Nifty on Monday (10.03.2014) going to peak out at 6617.  Those who are in shorts please make a average short at 6617 or buy put options of 6600 at this peak.  For the next 1 month nifty will come down to 6300. Stock specific movements will continue. 

Review on stocks advised.
  1. AURO PHARMA short recomended at rs.535, on 05.03.2014, Traded low at 495 on  07.03.2014. 
  2. HINDALCO reco at 112, traded high 125.8.
  3. M&M reco at 890, reco tgt 980, Traded high 978.9on 28.02.2014.
  4. ACC reco at 1011, for the highest tgt of 1280, traded high rs.1269 on 07.03.2014.
  5. VOLTAS reco at 106 we didnt mentioned the target, unexpectedly traded rs.149.
  6. TATASTEEL reco at 356, traded high 393.
  7. EXIDEIND reco at 101 traded high 119.
  8. APOLLOTYRES reco at 112, traded high 134
  9. CROMPTON GREAVES reco at 115, traded high 147.
  10. ONGC reco at 275, traded high  318.2
  11. COALINDIA  reco at 247, traded high 271.
 Now what to expect on stocks?
Sell TATAMOTORS cmp 410 on raise to 420. Expecting a downside to 360 in coming days.





Note: The levels mentioned here are based on Nifty spot.

regards

karthick
Capital care
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