Weekly Views and Calls 6-10th March !
Hi All,
As expected last week,we had a post budget rally..A cross over above 3085 made the shorters run for cover..
Now lets talk about the coming week -:
Nifty -:
For further upside in market,Nifty have to cross above 3175.A close above 3185 then next target is 3231/3250 ..Nifty shud not close below 3130..If it does then Nifty will fall upto 3085.If 3085 holds then fine other wise 3050 will come eventually...So watch this levels and do act according to it..
Top Trading Picks-:
IVRCL
BEL
BHEL
CUMMINS
ACC
TELCO
MARUTI
ABB
SUZLON
This are the best picks of different sectors which includes Auto,Power,Capital Goods and Construction..All these sectors are important in Life also is'nt it
Buy Voltas @ 972 stop 957 or if it declines then Buy it @ 920
Titan if closes above 873 then next target 931
Sterlite if stable above 1448 then Buy with stop 1438(futures level)
RPG Transmission Buy in delivery stop 155 cmp 162
Nagarjuna Cons buy above 371 stop 362
Aban Lloyd Buy cmp 905 stop 895
Punj Lloyd Buy above 1130
Ivrcl Buy @ 1149 stop 1126
Buy Astra Micro @ 198 stop 195
APIL buy above 411 stop 402
Buy TCS in futures @ 1710 stop 1685 target 1750 and a move above 1755 next target 1825..Noise is that H-Funds have bought TCS very aggresively..
I Recall..9th March to be watched ...
Play safe and Trade well..In this market STOP LOSS will only save u and as well as ur profits and ur capital..So watch ur stops..For heavens sake,DONT EVER TRADE WITHOUT STOPS..
Good Luck !!
COURTSEY : MR. DAKHSH