NIFTY MANAGED TO RECOVER EVERY TIME IT DIPPED AND REMAINED IN A NARROW RANGE OF 50 POINTS.HOWEVER NIFTY CLOSED FLAT WITH SOME MILDLY POSITIVE BIAS.
POSITIVE GLOBAL CUES AND FRESH LONG IN NIFTY FUTURES SHALL MAKE THE NIFTY SLIGHTLY POSITIVE TO TOUCH 5550-5600 IN THE SHORT TERM BEFORE EXPIRY ON 24TH FEBRUARY. EXPIRY MAY TAKE PLACE ABOVE 5400 BUT BELOW 5600 HENCE ONE CAN MANAGE THE OPTIONS ACCORDINGLY.
FOLLOWING STOCKS SHOULD BE WATCHED TODAY FOR TRADING AND INVESTMENT OBJECTIVES:
1. INDUSIND BANK(224.15) MAY SEE SOME BULLISH UP MOVE SOON. GOOD TO BUY FOR MEDIUM TERM DELIVERY
2. GARDEN SILK (101.15) GOOD TO BUY FOR MEDIUM & LONG TERM TERM DELIVERY FOR THE TARGET OF 300++++
3. HDFC(629.00): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 640 WITH A STOPLOSS OF 623
4. PRAJ IND(71.90): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 82-84 WITH A STOPLOSS OF 68
5. GLOBUS SPIRIT(132.00): GOOD TO BUY FOR MEDIUM & LONG TERM TERM DELIVERY FOR THE TARGET OF 250++++
6. ZEE LERN(21.25): MAY SEE SOME BULLISH UP MOVE SOON. GOOD TO BUY FOR MEDIUM TERM DELIVERY
7. JINDAL SAW(210): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 212-217 WITH A STOPLOSS OF 200
POSITIVE GLOBAL CUES AND FRESH LONG IN NIFTY FUTURES SHALL MAKE THE NIFTY SLIGHTLY POSITIVE TO TOUCH 5550-5600 IN THE SHORT TERM BEFORE EXPIRY ON 24TH FEBRUARY. EXPIRY MAY TAKE PLACE ABOVE 5400 BUT BELOW 5600 HENCE ONE CAN MANAGE THE OPTIONS ACCORDINGLY.
FOLLOWING STOCKS SHOULD BE WATCHED TODAY FOR TRADING AND INVESTMENT OBJECTIVES:
1. INDUSIND BANK(224.15) MAY SEE SOME BULLISH UP MOVE SOON. GOOD TO BUY FOR MEDIUM TERM DELIVERY
2. GARDEN SILK (101.15) GOOD TO BUY FOR MEDIUM & LONG TERM TERM DELIVERY FOR THE TARGET OF 300++++
3. HDFC(629.00): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 640 WITH A STOPLOSS OF 623
4. PRAJ IND(71.90): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 82-84 WITH A STOPLOSS OF 68
5. GLOBUS SPIRIT(132.00): GOOD TO BUY FOR MEDIUM & LONG TERM TERM DELIVERY FOR THE TARGET OF 250++++
6. ZEE LERN(21.25): MAY SEE SOME BULLISH UP MOVE SOON. GOOD TO BUY FOR MEDIUM TERM DELIVERY
7. JINDAL SAW(210): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 212-217 WITH A STOPLOSS OF 200
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
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