Saturday, May 3, 2008

Mkt Outlook -10

Hiiiiiiiiii

Nifty Levels

You Can Sell Nifty Below 5260 Stoploss 5288 TGT 5220-5188-5134
{Better Carry 5000 Put}

You Can Buy Nifty Above 5295 Stoploss 5278 TGT 5325-5375


Special Alert :Good Dip Expected in This Month so Carry Puts as Hedging & book Profits in Short Term Portfolios & be with 50% Cash.

Stock4Trading(Intra+Shrt Term)

ONGC
Buy Abv 1040 Stoploss 1019 TGT 1070-1100

ICICI BANK
Buy Abv 935 Stoploss 905 TGT 975-1005

NTPC
Buy Abv 205 Stoploss 195 TGT 212-220

RPL
Buy Abv 205 Stoploss 195 TGT 215-225

ABAN
Buy Abv 3550 Stoploss 3500 TGT 3625-3700

KINETIC ENGINEERING
Buy Abv 93 Stoploss 85 TGT 105-112


*Above TGT ARE INDICATIVE ONLY
*KEEP PARTIAL PROFIT BOOKIN ALWAYS
*DNT LEVERAGE

May Mkt Outlook

May Outlook:-
We have indicated Nifty shall move in the range of 4500 to 5000 in Our bear sway may be over thread which proved to be 100% true,as the range ot Nifty for april actually was 4630-5230.Now what will happen in May?

Only Panic Indicator : Inflation beyond 8%

As of Now 5330 should offer stiff resistence

Reason: Profit Booking By Bulls & pressure by Bears.The Rally from bottom formed in March 2008 is almost give 900 Pts so investors are traders shd excercise caution,take the profits & stay in 50% cash.

Nifty Might Touch 5500 During the Month

Buy 5000/4900 Puts to hedge ur open positions & portfolios

Investment Pick:
Sandur Manganese & Iron Ore BSE CODE 504918

CMP 686 SesaGoa In Making Nice Valuations

Keep Watch & ADD SMALL QUANTITY......